Recent Price Movements and Market Context
International Combustion’s share price fell to a new 52-week low of ₹565 during intraday trading on 12-Dec, marking a 5.54% decline from previous levels. This fresh low underscores the persistent downward pressure on the stock. Over the past week, the stock has declined by 3.85%, significantly underperforming the Sensex, which recorded a modest fall of 0.52% in the same period. The divergence is even more pronounced over the last month, with International Combustion dropping 12.72% while the Sensex gained 0.95%. Year-to-date, the stock has plummeted 39.60%, contrasting sharply with the Sensex’s 9.12% rise. This trend extends over the one-year horizon, where the stock is down 40.43% against the Sensex’s 4.89% gain.
Despite the r...
Read More













