News and Views
Recent Price Movement and Market Comparison
Manali Petrochemicals has experienced a notable decline over the past week, with its stock price falling by 3.95%, contrasting sharply with the Sensex’s modest gain of 0.79% during the same period. This underperformance extends over the last month as well, where the stock has dropped 8.06%, while the Sensex advanced by 0.95%. Even on a year-to-date basis, the stock’s gains of 3.59% lag behind the Sensex’s 9.08% rise, indicating a persistent relative weakness in the company’s shares.
Over longer horizons, the disparity is more pronounced. While the Sensex has delivered a robust 39.39% return over three years, Manali Petrochemicals has declined by 16.75% in the same timeframe. The five-year returns are more aligned, with the st...
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