News and Views
Recent Price Movement and Market Context
HUDCO’s share price has been under pressure over the past week, declining by 10.69%, significantly lagging behind the Sensex’s modest fall of 0.63% during the same period. Over the last month, the stock has dropped 7.59%, while the Sensex gained 2.27%. Year-to-date, HUDCO’s shares are down 9.29%, contrasting with the Sensex’s 8.91% rise. The one-year performance is particularly stark, with the stock falling 14.05% against the Sensex’s 4.15% gain. Despite this recent weakness, the company’s longer-term returns remain impressive, with a three-year gain of 311.10% and a five-year rise of 423.22%, far outpacing the Sensex’s respective 36.01% and 86.59% increases.
On the day of the decline, HUDCO underperformed its sector, Finance - ...
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