News and Views
Strong Price Momentum and Market Outperformance
The stock’s upward trajectory is underscored by its remarkable returns relative to key benchmarks. Over the past week, Mangalam Worldwide Ltd has surged by 11.20%, vastly outperforming the Sensex’s modest 0.83% gain. This trend extends over longer periods, with the stock appreciating 16.37% in the last month compared to the Sensex’s 1.76%, and an impressive 53.87% year-to-date rise against the benchmark’s 10.70%. Over the past year, the company’s shares have soared 63.27%, dwarfing the Sensex’s 8.47% increase. Even over three years, the stock has delivered a staggering 141.55% return, far exceeding the Sensex’s 39.14% growth.
Such consistent outperformance highlights Mangalam Worldwide’s ability to generate shareholder va...
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