News and Views
Recent Price Movement and Market Context
Modern Dairies Ltd has been experiencing a notable decline in its share price, with the stock falling by 4.61% over the past week and 8.93% in the last month. This contrasts sharply with the Sensex, which has declined by 2.55% and 1.29% over the same periods respectively, indicating that the stock is underperforming the broader market. Year-to-date, the stock has dropped 5.33%, while the Sensex has fallen by a more modest 1.93%. The disparity is even more pronounced over the last year, where Modern Dairies has lost 45.38% of its value, whereas the Sensex has gained 7.67%.
Despite the recent weakness, the stock has delivered strong long-term returns, with a 3-year gain of 42.11% and an impressive 5-year return of 393.09%, signifi...
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