News and Views
Recent Price Movement and Market Comparison
On 18 December, Supreme Engineering Ltd’s shares closed at ₹1.24, down ₹0.06 or 4.62% from the previous session. This decline is notable as it significantly underperformed the broader sector by 4.32% on the day. Over the past week, the stock has fallen by the same margin of 4.62%, while the Sensex benchmark index has only dipped marginally by 0.32%. Despite a strong one-month gain of 33.33%, the stock’s longer-term performance paints a far less optimistic picture.
Long-Term Underperformance and Weak Fundamentals
Supreme Engineering’s year-to-date return stands at a steep negative 53.73%, in stark contrast to the Sensex’s positive 9.18% gain. Over the last one year, the stock has plunged 58.11%, while t...
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