News and Views
Short-Term Price Movement and Market Performance
The stock has experienced a sustained decline over the past week, losing 7.58% compared to a modest 0.63% drop in the Sensex benchmark. This underperformance is significant, especially given that the broader market has shown resilience. Over the last month, however, KMC Speciality has posted a positive return of 4.06%, outperforming the Sensex’s 2.27% gain, indicating some recovery before the recent slump.
Despite this monthly uptick, the year-to-date (YTD) performance remains negative at -5.93%, while the Sensex has gained 8.91% in the same period. Over the last year, the stock has declined by 12.36%, whereas the benchmark index has risen by 4.15%. These figures suggest that KMC Speciality’s recent price weakness is par...
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