News and ViewsRecent Price Movement and Market Performance
NELCO’s shares have been under pressure over the past week, declining by 4.21% while the Sensex remained nearly flat with a marginal gain of 0.01%. Over the last month, the stock has dropped 6.85%, contrasting with the Sensex’s 2.70% rise. Year-to-date, NELCO’s performance has been particularly weak, with a steep fall of 35.97% compared to the Sensex’s 9.69% gain. This underperformance extends to the one-year horizon as well, where the stock has lost 34.47% while the benchmark index gained 4.83%. Even over three years, NELCO’s modest 2.90% return pales in comparison to the Sensex’s robust 36.41% growth.
On the day of 05-Dec, the stock underperformed its sector by 2.27%, hitting an intraday low of ₹808, down 2.58%. It has now...
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