News and Views
Recent Price Movement and Market Context
Supreme Engineering's share price increase on 03-Dec stands out in the context of its recent performance. Over the past week, the stock has gained 3.03%, significantly outperforming the Sensex, which declined by 0.84% during the same period. The momentum is even more pronounced over the last month, with the stock surging 41.67%, compared to a modest 0.86% rise in the Sensex. This short-term rally suggests renewed investor interest or speculative buying despite the company’s ongoing challenges.
However, this positive price action contrasts sharply with the stock’s longer-term trajectory. Year-to-date, Supreme Engineering’s shares have plummeted by 61.94%, while the Sensex has advanced by 9.90%. Over the last one year, the stock h...
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