News and Views
Recent Price Movement and Market Context
Regis Industries has experienced a sharp recovery over the past week, with the stock appreciating by 11.19%, substantially outperforming the Sensex, which remained virtually flat with a 0.01% gain during the same period. Over the last month, the stock has also outpaced the benchmark, delivering a 7.97% return compared to the Sensex’s 2.70%. Despite this recent strength, the stock remains deeply undervalued on a year-to-date basis, down 71.78%, while the broader market has gained 9.69%. Similarly, over the last year, Regis Industries has declined by 69.82%, contrasting with the Sensex’s 4.83% rise.
It is important to note that the stock hit a new 52-week and all-time low of ₹2.59 on the day of the price rise, signalling that the ...
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