News and Views
Recent Price Movement and Market Comparison
Marine Electricals has experienced a significant downward trend in its stock price over multiple time frames. In the past week, the stock declined by 5.46%, markedly underperforming the Sensex’s modest 0.79% fall. The one-month performance shows an even steeper drop of 8.72%, compared to the Sensex’s 1.47% decrease. Year-to-date, the stock has fallen 14.37%, while the benchmark index has only dipped 2.08%. Over the last year, the divergence is more pronounced, with Marine Electricals posting a negative return of 20.99%, whereas the Sensex gained 10.27%.
Despite this recent weakness, the company’s longer-term performance remains impressive, with a three-year return of 397.85% and a five-year return of 317.59%, significantly ou...
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