Short-Term Performance Outshines Market Benchmarks
NB Footwear’s stock has demonstrated remarkable resilience and momentum over the past week and month, significantly outperforming the broader market. Over the last seven days, the stock surged by 27.25%, while the Sensex declined marginally by 0.40%. Similarly, in the one-month period, NB Footwear gained 6.32%, contrasting with a 0.30% fall in the Sensex. This divergence highlights the stock’s strong relative performance amid a generally subdued market environment.
Despite these short-term gains, the stock’s year-to-date and one-year returns remain negative, with declines of 45.07% and 52.80% respectively. This suggests that while NB Footwear has faced challenges over the longer term, recent trading activity indicates ...
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