Recent Price Movement and Market Performance
Inox Green’s stock has been under pressure over the past week, declining by 5.38% while the broader Sensex remained virtually flat with a marginal gain of 0.01%. The downward trend has intensified over the last month, with the stock plunging 23.39% compared to the Sensex’s 2.70% rise. Despite this short-term weakness, the stock has delivered a robust year-to-date return of 16.87%, outperforming the Sensex’s 9.69% gain. Over the last year, the stock has appreciated by 21.29%, significantly outpacing the benchmark’s 4.83% increase, and has demonstrated exceptional growth over three years with a 249.32% return.
However, the recent two-day consecutive fall, amounting to a 4.61% decline, highlights a short-term correction phase. ...
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