News and Views
Recent Price Movement and Market Context
Shukra Bullions’ stock price has been under pressure over the past month, registering a decline of 16.63%, in stark contrast to the Sensex’s gain of 1.43% during the same period. Year-to-date, the stock has fallen by 16.13%, while the benchmark index has advanced by 8.96%. This divergence highlights the stock’s underperformance relative to the broader market, which has maintained positive returns. Over the last year, the stock’s decline of 21.13% further emphasises the challenges faced by investors in this counter, especially when compared to the Sensex’s 6.09% gain.
Despite this recent weakness, it is noteworthy that Shukra Bullions has delivered a robust 94.27% return over three years, significantly outperforming the Sensex’s ...
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