Persistent Downtrend Against Market Benchmarks
Delaplex’s recent price movement reflects a sustained decline over multiple time horizons. Over the past week, the stock has dropped by 4.93%, while the Sensex, a key benchmark index, has gained 0.61% in the same period. This divergence is even more pronounced over longer durations, with the stock falling 20.30% in the last month compared to the Sensex’s modest 0.77% rise. Year-to-date, Delaplex has plummeted 36.57%, starkly contrasting with the Sensex’s 10.25% gain. Over the last year, the stock’s decline of 38.51% stands in sharp opposition to the Sensex’s 11.64% appreciation. These figures highlight a clear pattern of underperformance that has persisted despite a generally positive market environment.
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