News and Views
Recent Price Movement and Market Comparison
MSP Steel & Power Ltd has experienced a notable decline in its share price over multiple time frames. In the past week, the stock has fallen by 6.20%, significantly underperforming the Sensex, which declined by only 1.69% during the same period. Over the last month, the stock’s loss widened to 8.18%, again lagging behind the Sensex’s 1.92% drop. Year-to-date figures show an even steeper decline of 10.97%, compared to the Sensex’s modest 1.87% fall. Over the past year, the stock has generated a negative return of 7.47%, while the Sensex has delivered a robust 9.56% gain. Despite strong long-term gains over three and five years, with returns exceeding 245% and 285% respectively, the recent trend is decidedly negative.
