Robust Short-Term Price Momentum
The stock has demonstrated remarkable strength over the past week, delivering a 13.07% return compared to the Sensex’s marginal 0.13% gain. This outperformance extends to the one-month horizon as well, where the stock rose 11.70% while the benchmark index declined by 0.66%. The recent four-day consecutive gains have propelled the stock to touch an intraday high of ₹296.45, marking a 12.38% increase on the day. Such momentum indicates strong buying interest and positive sentiment among traders in the near term.
Despite this surge, the stock’s year-to-date return of 3.22% lags behind the Sensex’s 8.83%, and its one-year return of 0.45% is significantly below the benchmark’s 8.37%. Over longer periods, the stock has delivered a 134.62% ret...
Read full news article












