News and Views
Persistent Downward Momentum
The stock has been on a downward trajectory for the past week, registering a steep loss of 11.27% over the last five trading sessions. This consecutive fall underscores a lack of buying interest and growing bearish sentiment among investors. In stark contrast, the Sensex has remained relatively stable during the same period, posting a marginal gain of 0.10%, highlighting Sparc Electrex’s divergence from broader market trends.
Over longer time horizons, the stock’s performance remains deeply disappointing. Year-to-date, Sparc Electrex has plummeted by 61.20%, while the Sensex has advanced by 9.70%. Similarly, over the past year, the stock has declined by 54.76%, whereas the benchmark index gained 6.84%. Even over three years, the stock has l...
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