News and Views
Recent Price Movement and Market Performance
The stock has been under pressure over the past week, registering a decline of 4.53%, significantly underperforming the Sensex benchmark which fell by only 0.75% in the same period. Over the last month, Cemindia’s shares have dropped sharply by 16.82%, compared to a more modest 1.98% decline in the Sensex. Year-to-date, the stock is down 15.56%, while the benchmark index has fallen by 2.32%. This recent weakness contrasts with the company’s impressive one-year return of 27.10%, which notably outpaces the Sensex’s 8.65% gain.
On the day in question, the stock underperformed its sector by 2.16%, continuing a two-day losing streak that has resulted in a cumulative decline of 5.33%. Intraday, the share price touched a low of ₹66...
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