News and Views
Recent Price Movement and Market Performance
The stock has been on a downward trajectory for the past seven consecutive days, losing nearly 9.82% in that span. This recent weakness contrasts sharply with its year-to-date gains of 53.64%, which significantly outpace the Sensex’s 8.91% rise over the same period. However, the last month has been particularly challenging, with the stock declining 12.71% while the Sensex advanced by 2.27%. The one-week performance further emphasises this trend, as Godfrey Phillips fell 6.78% compared to a marginal 0.63% drop in the benchmark index.
Intraday trading on 08-Dec saw the stock touch a low of ₹2,636.70, down 3.48% from the previous close. The weighted average price indicates that a larger volume of shares exchanged hands closer t...
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