Recent Price Movements and Market Comparison
Paramount Communications has been under pressure in recent trading sessions, with the stock hitting a fresh 52-week low of ₹36.95 on the day. The share price has declined by 7.58% over the past week, significantly underperforming the Sensex, which fell only 0.53% in the same period. Over the last month, the stock has dropped 13.54%, while the Sensex gained 2.16%. Year-to-date, the stock has plummeted by 55.11%, in stark contrast to the Sensex's 9.12% rise. This divergence highlights the stock’s persistent weakness amid a generally positive market environment.
Adding to the bearish sentiment, Paramount Communications has now recorded losses for three consecutive days, with a cumulative decline of 6.43%. The stock is trading b...
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