News and Views
Stock Performance Against Benchmarks
Over the past week, Laxmi Cotspin’s shares have declined by 2.59%, contrasting sharply with the Sensex’s modest gain of 0.61%. This underperformance extends over longer periods as well, with the stock falling 7.89% in the last month while the Sensex rose by 0.77%. Year-to-date, the stock has plummeted 35.49%, whereas the Sensex has advanced by 10.25%. Over one year, the stock’s return is down 35.25%, compared to the Sensex’s 11.64% gain. Even over three years, Laxmi Cotspin has lagged significantly, delivering a negative 12.41% return against the Sensex’s robust 43.55% growth. Despite this, the five-year return remains positive at 132.23%, slightly outperforming the Sensex’s 102.72% gain, indicating some historical resilience.
