News and Views
Extended Downtrend and Underperformance Against Benchmarks
The stock has been on a losing streak for eight consecutive trading days, during which it has declined by 13.79%. This persistent fall contrasts sharply with the broader market, as the Sensex has recorded positive returns over comparable periods. Specifically, over the past week, Dhoot Industrial Finance has fallen 7.58%, while the Sensex gained 1.37%. The divergence is even more pronounced over longer horizons, with the stock down 41.29% year-to-date compared to the Sensex’s 9.59% rise, and a 39.89% decline over the last year against the benchmark’s 10.38% gain. Such relative underperformance highlights the stock’s challenges in regaining investor confidence amid broader market strength.
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