News and Views
Recent Price Performance and Market Context
Raj Rayon Industries has experienced a notable decline over the past week, with the stock falling 4.42%, significantly underperforming the Sensex which declined by only 0.63% in the same period. Over the last month, the stock’s slide has deepened to a 12.70% loss, contrasting sharply with the Sensex’s 2.27% gain. Year-to-date, the stock remains down 9.06%, while the benchmark index has advanced by 8.91%. This underperformance extends over longer horizons as well, with the stock posting a negative 11.79% return over the past year against the Sensex’s 4.15% rise, and a steep 61.68% decline over three years compared to the Sensex’s 36.01% gain.
On the day in question, the stock’s performance was in line with its sector peers, ye...
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