News and Views
Recent Price Movement and Market Comparison
The stock has been on a downward trajectory over the past week, losing 10.50% compared to the Sensex's modest decline of 2.55%. Over the last month, Munjal Auto Industries fell 4.37%, again underperforming the Sensex's 1.29% drop. Year-to-date, the stock has declined by 5.97%, while the benchmark index has only decreased by 1.93%. Most notably, over the past year, the stock has plummeted by 20.33%, in stark contrast to the Sensex's 7.67% gain. This persistent underperformance highlights growing investor concerns about the company’s fundamentals and outlook.
On the day of the latest trading session, the stock underperformed its sector by nearly 3%, hitting an intraday low of ₹74.84, down 4.88%. The weighted average price indic...
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