News and Views
Persistent Downtrend Against Market Benchmarks
Sea TV Network’s recent price movement reflects a sustained downward trajectory. Over the past week, the stock declined by 4.20%, contrasting sharply with the Sensex’s modest gain of 0.56% during the same period. This negative momentum has extended over longer timeframes, with the stock falling 10.63% in the last month while the Sensex rose 1.27%. Year-to-date figures reveal a stark divergence: Sea TV Network has plummeted 43.78%, whereas the Sensex has appreciated by 9.68%. Over the last year, the stock’s decline deepened to 48.16%, while the benchmark index gained 8.43%. Even over three years, the stock has marginally declined by 4.77%, in contrast to the Sensex’s robust 37.12% growth. Although the five-year return of 49.69% is...
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