Recent Price Movement and Market Context
Meyer Apparel’s stock price has been under pressure over the past month, registering a steep decline of 21.40%, contrasting sharply with the Sensex’s positive return of 2.70% during the same period. This negative trend extends over the year, with the stock down 19.91% compared to the Sensex’s 4.83% gain, and over three years, where Meyer Apparel has declined 12.44% while the benchmark surged 36.41%. Despite this, the stock has delivered a strong five-year return of 181.67%, outperforming the Sensex’s 90.14% gain, indicating some long-term resilience.
The recent two-day consecutive fall has resulted in a cumulative loss of 5.06%, signalling a short-term bearish sentiment among investors. Today’s performance further underlines thi...
Read full news article













