News and ViewsRecent Price Movement and Market Context
Poly Medicure’s share price has been under pressure for the past week, declining by 3.82% compared to a modest 0.63% fall in the Sensex over the same period. Over the last month, the stock dropped 1.92%, while the Sensex gained 2.27%. Year-to-date, the stock has fallen sharply by 28.58%, in stark contrast to the Sensex’s 8.91% rise. Over the last year, the stock’s performance has been particularly disappointing, with a 34.20% decline against the Sensex’s 4.15% gain. Despite this, the stock has delivered strong long-term returns, rising 97.56% over three years and 271.21% over five years, outperforming the benchmark significantly in those periods.
On the day in question, the stock traded close to its 52-week low, just 1.85% above...
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