News and Views
Recent Price Movement and Market Context
On 09-Jan, Nahar Capital’s shares fell by ₹2.5, or 1.03%, closing at ₹241.00. This decline is consistent with the stock’s broader downward trend over recent periods. Over the past week, the stock has dropped 6.99%, significantly underperforming the Sensex’s 2.45% fall. The one-month and year-to-date returns also show the stock lagging behind the benchmark, with losses of 5.40% and 6.52% respectively, compared to the Sensex’s more modest declines of 0.61% and 1.71%. Most notably, the stock has delivered a negative 20.05% return over the last year, while the Sensex gained 9.17%, highlighting persistent underperformance.
Technical indicators reinforce this bearish sentiment. Nahar Capital is trading below all major moving averages,...
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