News and Views
Recent Price Movement and Market Performance
Rane Holdings has experienced a notable decline over the past week, with the stock falling by 7.82%, sharply underperforming the Sensex, which remained nearly flat with a marginal 0.06% gain. Over the last month, the stock’s decline deepened to 10.33%, while the benchmark index advanced by 0.82%. Year-to-date, the stock has lost 22.24% of its value, contrasting with the Sensex’s robust 8.65% gain. The one-year performance further highlights the stock’s struggles, with a 23.38% loss compared to the Sensex’s 7.31% rise.
On the day of 24-Nov, the stock underperformed its sector by 4%, marking the second consecutive day of losses and a cumulative decline of 5.78% over this period. Intraday trading saw the stock touch a low of ₹1...
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