News and Views
Persistent Downward Momentum Evident in Price and Returns
Nyssa Corporation’s shares have been on a relentless downward trajectory, losing 4.88% on 19 December alone, closing at ₹2.34. This decline is part of a broader trend, with the stock falling by 22.52% over the past week and a staggering 42.08% over the last month. Year-to-date, the stock has plummeted by 60.27%, a stark contrast to the Sensex’s robust 8.69% gain during the same period. Over the last one year, Nyssa’s shares have declined by 65.38%, while the Sensex has appreciated by 7.21%. Even over a three-year horizon, the stock remains deeply under water, down 65.64%, whereas the benchmark index has surged 37.41%. Despite this, the five-year return remains positive at 143.75%, outperforming the Sensex’s 80.85% gain...
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