News and Views
Short-Term Outperformance Drives Price Momentum
Peeti Securities has demonstrated remarkable gains over the recent weeks, with a one-week return of 9.91% compared to the Sensex’s decline of 0.52%. This momentum extended into the one-month period, where the stock surged 16.56%, far exceeding the Sensex’s modest 1.13% gain. Such robust short-term returns have likely contributed to the positive investor sentiment and the stock’s upward trajectory on 11-Dec.
Despite these gains, it is important to note that the stock’s year-to-date (YTD) performance remains negative at -4.05%, contrasting with the Sensex’s 8.55% rise. Over longer horizons, Peeti Securities has underperformed, with a three-year decline of 32.95% against the Sensex’s 36.40% growth. However, the five-year ret...
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