News and Views
Recent Price Movement and Market Context
The stock hit a new 52-week low of ₹184.10 on the same day, signalling persistent downward pressure. Over the last two days, Nahar Spinning Mills has recorded consecutive losses, with a cumulative decline of approximately 3.6%. This recent weakness is in line with the sector’s performance today, indicating that broader industry factors may be influencing investor sentiment.
When compared to the benchmark Sensex, the stock’s performance has been notably weaker. Over the past week, Nahar Spinning Mills fell by 6.12%, more than double the Sensex’s decline of 2.55%. Similarly, the one-month return shows a 6.14% drop against the Sensex’s 1.29% fall. Year-to-date, the stock is down 3.32%, while the Sensex has declined by 1.93%. The di...
Read full news article
