News and Views
Recent Price Movement and Market Comparison
The stock has been on a downward trajectory over the past week, losing 14.73%, which starkly contrasts with the Sensex’s modest decline of 1.73% during the same period. This underperformance extends to the one-month and year-to-date horizons, where the stock has fallen 13.51% and 14.47% respectively, while the Sensex has declined by only 3.24% and 3.57%. Even over the longer term, the stock’s returns lag behind the benchmark, with a one-year return of -1.16% compared to the Sensex’s 6.63%, and a three-year gain of 4.87% against the Sensex’s robust 35.56%.
The recent price action is further underscored by the stock’s intraday volatility on 20-Jan, which reached 11.96%, indicating heightened uncertainty among investors. The sha...
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