News and Views
Recent Price Movement and Market Context
Salzer Electronics closed at ₹689.80, down ₹19.95 or 2.81% on the day, continuing a downward trend that has seen the stock lose 6.12% over the past week compared to a modest 0.63% decline in the Sensex. The stock is now trading just 1.82% above its 52-week low of ₹677.25, signalling significant pressure on the share price. Over the last month, the stock has declined by 4.90%, while the Sensex gained 2.27%, highlighting the stock’s relative weakness.
Notably, Salzer Electronics has underperformed the broader market substantially over the past year, delivering a negative return of 47.43% against the Sensex’s positive 4.15%. This stark contrast emphasises the challenges the company faces in regaining investor confidence.
