News and Views
Recent Price Movement and Market Context
The stock has been on a downward trajectory over the past week, registering a loss of 9.69%, in stark contrast to the Sensex which marginally gained 0.13% during the same period. This divergence highlights the stock’s relative weakness amid a generally stable market environment. Over the last month, Sangal Papers declined by 10.15%, while the Sensex dipped only 0.66%, further emphasising the stock’s underperformance.
Year-to-date figures paint a more concerning picture for investors, with the stock plunging 37.89%, whereas the Sensex has advanced by 8.83%. Over the past year, the stock’s decline deepened to 38.97%, compared to the Sensex’s 8.37% gain. Although the stock has delivered a positive return of 8.92% over three years a...
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