News and Views
Recent Price Movement and Market Comparison
Dynamic Cables has experienced a notable downtrend over recent periods. Over the past week, the stock has fallen by 8.09%, contrasting sharply with the Sensex’s modest gain of 0.56%. This negative momentum has extended over the last month, with the stock declining 20.16% while the Sensex rose by 1.27%. Year-to-date, the stock’s performance remains weak, down 31.38%, whereas the Sensex has appreciated by 9.68%. Even over a one-year horizon, Dynamic Cables has underperformed significantly, registering a loss of 28.44% compared to the Sensex’s 8.43% gain.
On the day in question, the stock underperformed its sector by 1.78%, continuing a three-day losing streak that has resulted in a cumulative decline of 6.15%. Intraday, the sha...
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