News and Views
Recent Price Performance and Market Comparison
Confidence Petroleum’s share price has been on a consistent downward trajectory over multiple time frames. In the past week, the stock declined by 3.62%, significantly underperforming the Sensex’s modest fall of 0.59%. Over the last month, the stock dropped by 9.71%, while the Sensex gained 1.34%. Year-to-date, the stock has plummeted by 46.42%, contrasting sharply with the Sensex’s 8.92% rise. The one-year return is even more stark, with Confidence Petroleum falling 51.72% against the Sensex’s 5.27% gain. Over three years, the stock has lost 52.24%, whereas the Sensex has surged 35.37%. Even over five years, the stock’s 13.82% gain pales in comparison to the Sensex’s 90.68% appreciation.
On 03-Dec, the stock’s performance...
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