News and Views
Recent Price Movement and Market Context
Globus Spirits has seen its stock price fall sharply over the past week, declining by 8.62%, while the Sensex gained 0.79% in the same period. This divergence highlights the stock’s underperformance relative to the broader market. Over the last month, the stock also lagged the benchmark, slipping 1.40% against the Sensex’s 0.95% rise. Despite this recent weakness, the stock has delivered impressive returns over longer horizons, with a 34.61% gain in the past year and a remarkable 248.73% increase over five years, significantly outpacing the Sensex’s 94.23% gain over the same period.
On the day of the decline, the stock underperformed its sector by 3.76%, touching an intraday low of Rs 1,090.45, down 4.53%. The weighted average p...
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