Short-Term Gains Outpace Benchmark
In the past week, Rathi Steel & Power Ltd has outperformed the Sensex benchmark significantly, delivering a 4.81% return compared to the Sensex’s 0.64%. This recent rally indicates renewed investor interest and some positive sentiment surrounding the stock. The company’s share price has appreciated by 3.31% over the last two trading sessions, signalling a short-term recovery phase.
However, this recent strength contrasts with the stock’s performance over the last month and year. Over the past month, the stock has declined by 14.73%, while the Sensex has gained 0.83%. Year-to-date, the stock is down 15.39%, underperforming the broader market, which is down only 1.11%. Over the last twelve months, the stock has suffered a steep 39.8...
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