News and Views
Recent Price Movement and Market Context
After enduring four consecutive days of losses, Diligent Media’s stock price reversed course on 20-Nov, gaining ₹0.14. This recovery is significant given the stock’s recent trend, which has been predominantly negative. Over the past week, the stock has declined by 3.00%, contrasting with the Sensex’s 1.37% gain during the same period. Similarly, the one-month performance shows a marginal 1.17% drop for the stock, while the Sensex advanced by 1.50%. These figures highlight the stock’s relative weakness in the short term.
Year-to-date, the stock has suffered a steep decline of 34.01%, starkly underperforming the Sensex’s 9.59% gain. Over the last year, the stock’s fall of 19.50% further emphasises the challenges faced by Diligent ...
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