Recent Price Movement and Market Context
Sanstar’s shares have been under pressure, declining by 3.33% over the past week compared to a modest 0.63% drop in the Sensex. The stock’s one-month performance is notably weaker, falling 7.55% while the benchmark index gained 2.27%. Year-to-date, Sanstar has lost 27.38%, in stark contrast to the Sensex’s 8.91% rise. Over the last year, the stock has plummeted 32.08%, whereas the Sensex advanced by 4.15%. This underperformance highlights the stock’s persistent struggles relative to the broader market.
On the day in question, the stock’s decline was in line with the Chemicals sector, which itself fell by 2.39%. Sanstar’s price touched an intraday low of ₹85.06, down 4.53%, with heavier trading volume concentrated near this low p...
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