Recent Price Movement and Market Comparison
Sumit Woods has been trading at a new 52-week low of ₹68.7 on the day, signalling sustained selling pressure. Over the past week, the stock fell by 1.38%, underperforming the Sensex’s modest decline of 0.74%. The monthly performance is even more stark, with the stock plunging 16.21% while the Sensex gained 1.36%. Year-to-date, Sumit Woods has lost over half its value, declining 50.56%, in sharp contrast to the Sensex’s 9.28% gain. This trend extends over the last one year, where the stock’s return of -50.92% starkly contrasts with the Sensex’s positive 4.96%.
Such underperformance is compounded by the stock trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a ...
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