News and ViewsRecent Price Movement and Market Context
The stock has been under pressure for the past week, declining by 3.01%, significantly underperforming the Sensex, which fell by only 0.63% over the same period. Over the last month, IRB Infrastructure’s shares have dropped by 5.87%, while the benchmark index gained 2.27%. Year-to-date, the stock has plummeted by 26.88%, contrasting sharply with the Sensex’s 8.91% rise. This underperformance extends over the last year, where the stock has lost 29.06% against the Sensex’s 4.15% gain.
On the day in question, the stock traded close to its 52-week low, just 3.11% above the bottom price of ₹40.54. It has also been falling consecutively for two days, losing 2.72% in that span. The decline is in line with the Capital Goods sector, whic...
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