News and Views
Persistent Downtrend Evident in Price and Returns
Ganesh Benzoplast’s recent price movement underscores a challenging phase for the company’s shares. Over the past week, the stock has declined by 4.63%, contrasting sharply with the near-flat performance of the Sensex, which edged up by a marginal 0.01%. This negative momentum extends over longer periods as well, with the stock falling 5.25% in the last month while the Sensex gained 2.70%. Year-to-date figures reveal a stark divergence: Ganesh Benzoplast has plummeted by 38.78%, whereas the Sensex has appreciated by 9.69%. Over the last year, the stock’s decline of 40.69% stands in contrast to the Sensex’s 4.83% gain, highlighting the company’s relative weakness in the market.
Even over a three-year horizon, the stock h...
Read More
