News and Views
Recent Price Movement and Market Context
On 02 December, Chandni Machines’ stock opened and traded steadily at ₹88.00, yet it underperformed its sector by 1.89% on the day. The stock has been on a downward trajectory for nearly two weeks, losing 27.67% over this period. This short-term weakness contrasts sharply with its longer-term performance, where the stock has delivered a remarkable 50.81% year-to-date return and an extraordinary 1,169.84% gain over five years. These figures dwarf the Sensex’s respective returns of 8.96% and 90.82%, highlighting Chandni Machines’ ability to outperform the broader market over extended periods.
Despite this recent slump, investor participation appears to be rising, with delivery volumes on 01 December increasing by 2.27% compared to...
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