News and Views
Persistent Downtrend Evident in Price and Returns
The stock’s recent performance highlights a sustained downward trajectory. Over the past week, Himalaya Food’s shares have declined by 7.21%, contrasting sharply with the Sensex’s modest gain of 0.79% during the same period. This negative momentum extends over longer horizons, with the stock falling 14.61% in the last month while the Sensex rose by nearly 1%. Year-to-date, the stock has plummeted by 49.50%, a stark divergence from the Sensex’s 9.08% gain. Over one and three years, the stock’s returns have been deeply negative, at -52.80% and -53.28% respectively, while the Sensex has delivered robust positive returns of 10.47% and 39.39%. Even over five years, despite a positive 40.56% return, Himalaya Food has lagged signific...
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