News and Views
Recent Price Movement and Market Context
The stock’s fall on 19-Dec is consistent with its broader trend of underperformance. Over the past week, S Chand & Company’s shares declined marginally by 0.41%, closely mirroring the Sensex’s 0.40% drop. However, the divergence becomes more pronounced over longer periods. In the last month, the stock fell by 6.46%, significantly underperforming the Sensex’s modest 0.30% decline. Year-to-date, the stock has lost nearly a quarter of its value, down 24.75%, while the Sensex has gained 8.69%. Over the last year, the stock’s return was negative 27.55%, in stark contrast to the Sensex’s positive 7.21%.
On the day in question, the stock traded close to its 52-week low, just 3.08% above the bottom price of ₹154.30. Intraday, it tou...
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