Recent Price Movement and Market Context
The stock’s recent performance has been lacklustre, with a one-week decline of 3.62% contrasting sharply with the Sensex’s marginal gain of 0.01%. Over the past month, the stock has plummeted by 25.89%, while the Sensex rose by 2.70%. Year-to-date, S H Kelkar & Co. has lost 33.01% in value, whereas the benchmark index has gained 9.69%. The one-year return is even more stark, with the stock down 40.87% compared to the Sensex’s 4.83% rise. This trend highlights the company’s persistent underperformance against broader market indices.
On the day in question, the stock underperformed its sector by 2.43%, touching an intraday low of ₹163.7, a 2.76% drop from previous levels. Technical indicators also signal weakness, as the share...
Read More









