News and Views
Recent Price Movement and Market Context
Shree Steel Wire Ropes Ltd’s share price has shown a mixed trajectory in recent periods. Over the past week, the stock has gained 2.60%, outperforming the Sensex’s 1.00% rise during the same timeframe. However, this short-term strength contrasts with the stock’s longer-term performance, which remains subdued. Over the last month, the stock declined by 1.57%, while the Sensex advanced by 0.60%. More notably, the year-to-date (YTD) return for the stock stands at a steep negative 34.80%, compared with the Sensex’s robust 9.30% gain. The one-year return similarly reflects a 33.82% loss against the Sensex’s 8.84% increase. Even over three and five years, the stock’s returns lag significantly behind the benchmark, with a 5.55% decline over t...
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