News and Views
Recent Price Movement and Market Context
The stock has been under pressure recently, falling by 5.10% over the past week and 5.45% in the last month, significantly underperforming the Sensex, which declined by 1.77% and 3.56% respectively over the same periods. Year-to-date, the stock has dropped 5.81%, compared to a 3.89% fall in the benchmark index. Over the last year, the decline is even more pronounced, with the stock losing 26.51% while the Sensex gained 8.01%. This stark contrast highlights the company’s struggles amid a generally positive market environment.
On 21-Jan, the stock traded close to its 52-week low, just 2.72% above the bottom price of ₹42.86. The share price touched an intraday low of ₹43.50, down 3.76% from previous levels, and the weighted average...
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