News and Views
Persistent Downtrend Against Market Benchmarks
Orient Paper’s recent price movement is part of a longer-term downward trajectory. Over the past week, the stock has declined by 1.56%, contrasting with a modest 0.13% gain in the Sensex. The divergence becomes more pronounced over monthly and yearly periods, with the stock falling 6.98% in one month and a steep 44.71% over the last year. This contrasts sharply with the Sensex’s gains of 0.77% and 3.75% respectively during the same periods.
Year-to-date figures further highlight the stock’s struggles, showing a 38.48% loss compared to the Sensex’s 9.05% gain. Even over a three-year horizon, Orient Paper has declined by 37.20%, while the benchmark index has surged by 37.89%. Although the five-year return is positive at 12.2...
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