News and Views
Consistent Outperformance Against Benchmarks
Manaksia Steels has demonstrated impressive returns over multiple time horizons compared to the broader Sensex index. Over the past week, the stock surged by 5.64%, significantly outperforming the Sensex’s modest 0.65% gain. This trend extends to the monthly performance, where Manaksia Steels appreciated by 10.52%, dwarfing the Sensex’s 1.43% rise. Even on a longer-term basis, the stock’s three-year return of 78.55% more than doubles the Sensex’s 35.42%, while its five-year gain of 378.36% vastly outstrips the benchmark’s 90.82%.
These figures highlight the stock’s strong growth trajectory and resilience, factors that likely contribute to investor confidence and buying interest.
