News and Views
Recent Price Movement and Market Performance
Jindal Saw’s shares have been on a consistent decline over the past week, falling by 4.14% compared to the Sensex’s marginal dip of 0.06%. Over the last month, the stock has dropped by over 10%, while the broader market has gained 0.82%. Year-to-date, the stock has plummeted by 44.61%, starkly contrasting with the Sensex’s 8.65% rise. This trend extends over the last one year, where Jindal Saw’s shares have lost 45.43%, whereas the Sensex has appreciated by 7.31%. Despite this recent weakness, the stock’s longer-term performance remains robust, with gains exceeding 250% over three years and nearly 386% over five years, significantly outpacing the market’s respective returns.
On the day in question, the stock underperformed i...
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