News and ViewsRecent Price Movement and Market Context
The stock has been under pressure over the past week, registering a decline of 5.20%, in stark contrast to the Sensex which remained almost flat with a marginal gain of 0.02%. This downward trend has extended over the last month, where Soma Textiles has lost 26.41% of its value, while the benchmark index posted a slight increase of 0.14%. The stock’s recent four-day losing streak has resulted in a cumulative fall of 6.87%, signalling a period of investor caution or profit-taking after previous gains.
Despite this short-term underperformance, the company’s year-to-date returns remain robust at 119.36%, significantly outpacing the Sensex’s 8.37% gain. Over the past year, Soma Textiles has delivered an 89.87% return, again far exce...
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