News and Views
Recent Price Performance and Market Comparison
Dhanlaxmi Bank’s recent price trajectory has been underwhelming when compared to the broader market. Over the past week, the stock has fallen by 6.09%, significantly underperforming the Sensex, which declined by only 0.63% during the same period. The one-month performance also paints a bleak picture, with the bank’s shares dropping 4.27% while the Sensex gained 2.27%. Year-to-date figures further highlight the stock’s struggles, showing a steep decline of 19.60%, contrasting sharply with the Sensex’s positive return of 8.91%. Over the last year, the stock has plummeted by nearly 34%, whereas the benchmark index has managed a modest gain of 4.15%.
These figures indicate that Dhanlaxmi Bank has been consistently lagging behi...
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