News and Views
Recent Price Movement and Market Performance
On 09 January, Man Industries closed at ₹351.45, down ₹15.45 or 4.21% from the previous session. This decline continues a five-day losing streak during which the stock has shed 11.44% of its value. Over the past week, the stock has underperformed significantly, falling 11.47% compared to the Sensex’s modest 2.55% decline. The one-month performance is even more pronounced, with the stock down 20.39% against the benchmark’s 1.29% fall. Year-to-date, the stock has declined 8.95%, underperforming the Sensex’s 1.93% drop. These figures highlight a clear short-term weakness in the share price, which contrasts with the stock’s longer-term outperformance.
Intraday trading on 09 January saw the stock reach a high of ₹379.5, a 3.43% g...
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