News and Views
Recent Price Movement and Market Context
Kavveri Defence’s share price has been under pressure recently, falling by 1.73 points or 1.99% on 02-Dec. This decline is part of a more extended correction phase, as the stock has consecutively lost value for 14 trading sessions, resulting in a cumulative drop of 24.59% over this period. This contrasts sharply with the benchmark Sensex, which has recorded modest gains of 0.65% over the past week and 1.43% over the last month, underscoring the stock’s relative underperformance in the short term.
Despite this recent weakness, Kavveri Defence’s year-to-date returns remain robust at 31.28%, significantly outperforming the Sensex’s 8.96% gain. Over a one-year horizon, the stock has more than doubled, delivering a remarkable 100.47%...
Read More
