Extended Underperformance Against Benchmarks
Goodricke Group’s recent price action is characterised by a notable divergence from the Sensex benchmark. Over the past week, the stock has fallen by 4.57%, significantly underperforming the Sensex’s modest decline of 0.53%. This negative trend extends over longer periods, with the stock down 7.23% in the last month while the Sensex gained 2.16%. Year-to-date figures reveal a stark contrast: Goodricke Group has plunged nearly 40%, whereas the Sensex has advanced by over 9%. Even over a five-year horizon, the stock has declined by 33.03%, while the Sensex has surged by 89.14%. These figures underscore a persistent weakness in the stock’s fundamentals or market sentiment compared to the broader market.
Technical Indica...
Read More








