Recent Price Movement and Market Context
The stock’s recent performance has been notably weak, with a one-week decline of 3.21% contrasting sharply with the Sensex’s modest gain of 0.08%. Over the past month, Lexus Granito’s shares have fallen by over 10%, while the broader market has remained relatively flat. Year-to-date, the stock has plummeted nearly 38%, a stark divergence from the Sensex’s 9.37% rise. This negative trajectory extends over longer periods, with a one-year loss exceeding 40% and a three-year decline of nearly 67%, whereas the Sensex has appreciated by over 41% in the same timeframe.
On 16-Dec, the stock traded close to its 52-week low, just 4.34% above the bottom price of ₹25.10. It also underperformed its sector by 1.59% on the day, signalling weak...
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