News and Views
Recent Price Movement and Market Context
Omaxe’s shares have been under significant pressure, hitting a new 52-week low of ₹63.71 during intraday trading on 08-Dec. The stock has declined by 7.30% over the past week, markedly underperforming the Sensex, which fell only 0.63% in the same period. Over the last month, the stock has plunged nearly 20%, while the benchmark index gained 2.27%. Year-to-date, Omaxe’s losses have deepened to over 42%, in stark contrast to the Sensex’s 8.91% rise. This underperformance extends over longer horizons as well, with the stock down 43.11% in the past year and lagging the Sensex’s 4.15% gain. Over three and five years, Omaxe has also failed to keep pace with the broader market, reflecting persistent challenges.
On 08-Dec, the stock’s v...
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