News and Views
Recent Price Movement and Market Comparison
The stock’s fall on 05-Dec is part of a continuing trend of volatility and underperformance. Over the past week, IL&FS Engineering’s shares have declined by 2.36%, contrasting sharply with the Sensex’s marginal gain of 0.01% during the same period. While the stock has managed a modest 2.65% gain over the last month, this is slightly below the Sensex’s 2.70% rise, signalling relative weakness.
More concerning is the year-to-date performance, where IL&FS Engineering has plunged 32.71%, starkly underperforming the Sensex’s 9.69% gain. Over the last year, the stock has declined by 30.37%, whereas the benchmark index has appreciated by 4.83%. Despite this, the company’s longer-term returns remain impressive, with a three-y...
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