News and Views
Recent Price Movement and Market Comparison
Fineotex Chemical’s shares have been under pressure over the past week, falling by 5.79%, significantly lagging behind the Sensex’s modest decline of 1.86% during the same period. The stock’s negative momentum extends over longer horizons as well, with a one-month drop of 6.44% compared to the Sensex’s 2.21% fall, and a year-to-date decline of 7.62% against the benchmark’s 2.16% loss. Over the last year, the stock has delivered a steep negative return of 20.54%, while the Sensex has gained 9.00%. Even over three years, Fineotex has underperformed the broader market, registering a loss of 7.80% compared to the Sensex’s robust 38.37% gain. Despite a strong five-year cumulative return of 261.90%, the recent trend highlights growing inv...
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