News and Views
Persistent Downward Momentum
The stock has been under considerable pressure, reflected in its performance over multiple time frames. Over the past week, Pakka’s shares have declined by 8.60%, sharply contrasting with the Sensex’s near-flat movement of +0.01% during the same period. This underperformance extends over longer durations, with the stock falling nearly 24% in the last month while the benchmark index gained 2.70%. Year-to-date, Pakka has suffered a steep loss of 65.75%, whereas the Sensex has advanced by 9.69%. Even over the last year, the stock’s decline of 66.03% starkly contrasts with the Sensex’s 4.83% gain.
These figures highlight a pronounced divergence between Pakka’s share price trajectory and broader market trends, signalling company-specific challen...
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