News and Views
Recent Price Movement and Market Performance
Bombay Dyeing’s stock has been under pressure recently, falling by 6.15% over the past week while the Sensex gained 0.79% in the same period. The downward trend extends over the last month with a 16.39% decline, contrasting with the Sensex’s modest 0.95% rise. Year-to-date, the stock has lost 22.75%, whereas the benchmark index has appreciated by 9.08%. Over the last year, the stock’s performance has been particularly disappointing, plunging 28.28% while the Sensex advanced 10.47%. Despite these recent setbacks, the company’s longer-term returns over three and five years remain positive, outperforming the Sensex with gains of 81.29% and 113.86% respectively.
On the day of 21-Nov, Bombay Dyeing underperformed its sector by 1....
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