Recent Price Movement and Market Context
Pasari Spinning’s share price has been on a downward trajectory, losing 6.93% over the past week compared to a modest 0.79% gain in the Sensex. The one-month performance further emphasises this trend, with the stock declining by 11.88% while the Sensex rose by 0.95%. Year-to-date, the stock has fallen by 21.71%, starkly contrasting with the Sensex’s 9.08% gain over the same period. Even over the last year, Pasari Spinning’s shares have declined by 21.15%, whereas the benchmark index has appreciated by 10.47%. These figures highlight a persistent underperformance relative to the broader market.
Technical Indicators Signal Weakness
Technical analysis corroborates the bearish sentiment surrounding Pasari Spi...
Read More





