Recent Price Movement and Market Context
Darjeeling Ropeway’s shares have gained nearly 10% over the past week, significantly outperforming the Sensex, which recorded a marginal 0.13% increase during the same period. This recent surge is part of a three-day consecutive gain streak, during which the stock has appreciated by 15.71%. The stock opened on 26-Dec with a gap up of 4.99%, maintaining this level throughout the trading session and touching an intraday high of ₹34.92. Such price action indicates strong buying interest in the short term.
However, it is important to note that despite this recent rally, the stock’s year-to-date (YTD) and one-year returns remain negative at -13.44% and -15.18% respectively, contrasting with the Sensex’s positive returns of 8.83% and ...
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