Recent Price Movement and Market Performance
Kabsons Industries has underperformed markedly against the broader market indices and its sector peers. Over the past week, the stock has declined by 9.40%, considerably worse than the Sensex’s modest 1.83% fall. This negative momentum extends over longer periods, with the stock down 10.48% in the last month and 10.14% year-to-date, while the Sensex has remained relatively stable with declines below 2% in the same intervals. Most strikingly, the stock has plummeted nearly 50% over the last year, in stark contrast to the Sensex’s 8.40% gain during that period.
Adding to the bearish sentiment, Kabsons Industries is trading close to its 52-week low, just 4.48% above the lowest price of ₹13.63. The stock has also been falling co...
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