Persistent Downtrend and Market Underperformance
Rajeshwari Cans Ltd’s stock has been on a steep decline over the past year and beyond, with returns showing a dramatic fall of 93.48% over the last 12 months, starkly contrasting with the Sensex’s positive 8.89% gain during the same period. The year-to-date performance is similarly dismal, with the stock down 93.34% compared to the Sensex’s 9.45% rise. Even over shorter intervals, the stock has underperformed significantly, falling 30.04% in the last month and 11.50% in the past week, while the Sensex posted modest gains. This persistent underperformance highlights the stock’s vulnerability and investor concerns.
Intraday Volatility and Price Action on 23-Dec
On 23-Dec, the stock opened with a gap...
Read More





