News and Views
Recent Price Movement and Relative Performance
The stock’s downward trajectory is evident over multiple time horizons. In the past week, Poddar Pigments fell by 1.10%, slightly outperforming the Sensex’s 1.73% decline. However, over the last month, the stock’s loss of 7.14% significantly outpaced the Sensex’s 3.24% drop, signalling growing weakness. Year-to-date, the stock has declined by 5.59%, compared to the Sensex’s more modest 3.57% fall. The longer-term picture is even more concerning, with a one-year return of -27.96% against the Sensex’s positive 6.63% gain, and a three-year return of -7.11% while the benchmark surged 35.56%. Even over five years, Poddar Pigments’ 24.37% gain lags well behind the Sensex’s 65.05% appreciation.
Technical Indicators and Tr...
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