News and Views
Stock Performance Against Benchmarks
Prithvi Exchange’s recent price movement is part of a broader downward trend that has persisted over multiple time frames. Over the past week, the stock has declined by 6.66%, markedly underperforming the Sensex, which fell by only 0.63% during the same period. The one-month performance further emphasises this divergence, with Prithvi Exchange down 10.54% while the Sensex gained 2.27%. Year-to-date, the stock has plummeted 52.44%, in stark contrast to the Sensex’s 8.91% rise. Over the last year, the disparity widens even more, with the stock down 60.15% compared to the Sensex’s modest 4.15% gain.
Despite these recent setbacks, it is notable that Prithvi Exchange has delivered strong long-term returns, with a three-year gain of 143.1...
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