News and Views
Persistent Downward Momentum Evident in Price and Returns
The stock has been on a consistent downward trajectory, having lost 13.57% over the past week compared to a marginal 0.40% decline in the Sensex. This underperformance extends over longer horizons, with the stock falling 16.99% in the last month while the benchmark index remained nearly flat, declining only 0.30%. Year-to-date figures reveal a stark contrast: KKalpana Industries has plummeted 43.16%, whereas the Sensex has gained 8.69%. Over the past year, the divergence is even more pronounced, with the stock down 47.34% against a 7.21% rise in the Sensex. The three- and five-year returns further underscore the stock’s struggles, showing losses of 33.90% and 51.02% respectively, while the Sensex posted robust gains of...
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