Recent Price Movement and Market Performance
Reliance Infrastructure has experienced a notable decline in its share price over the past month, dropping by 24.77% while the broader Sensex index gained 1.43% during the same period. Despite a modest 6.57% gain in the last week, the stock has underperformed significantly over the year-to-date, with a steep fall of 46.91% compared to the Sensex’s positive 8.96% return. The stock’s one-year performance also reflects a sharp decline of 41.05%, contrasting with the Sensex’s 6.09% rise. This underperformance extends over the medium term as well, with the stock lagging behind the BSE500 index over the last three years and three months.
On the day in question, the stock underperformed its sector by 1.57%, hitting an intraday low ...
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