Recent Price Movement and Market Context
The stock has been on a downward trajectory over the past week, falling by 5.48%, while the Sensex gained 1.00% in the same period. This divergence highlights the stock's relative weakness amid a generally positive market environment. Over the last month, Ponni Sugars declined by 8.64%, contrasting with the Sensex's modest 0.60% rise. The year-to-date performance is particularly stark, with the stock down 34.29% compared to the Sensex's 9.30% gain. This underperformance extends over longer horizons as well, with the stock losing 35.42% over the past year and 23.49% over three years, while the Sensex has delivered gains of 8.84% and 42.72% respectively during those periods.
Technical Indicators and Trading ActivityRead More










