News and Views
Recent Price Movement and Market Comparison
Hindustan Foods Ltd’s stock has been under pressure over the short and medium term. Over the past week, the stock declined by 6.52%, markedly worse than the Sensex’s 1.73% fall. The one-month performance shows a 10.00% drop against the Sensex’s 3.24% decline, while year-to-date losses stand at 9.91%, more than double the benchmark’s 3.57% fall. Even over the last year, the stock has fallen by 5.30%, contrasting with the Sensex’s 6.63% gain. Longer-term returns also reveal underperformance, with a three-year loss of 19.34% compared to the Sensex’s 35.56% rise, although the five-year return remains positive at 55.64%, albeit below the benchmark’s 65.05%.
On the day in question, the stock traded close to its 52-week low, just 1....
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