Persistent Downward Momentum
Surat Trade’s recent price action reveals a clear pattern of decline. Over the past week, the stock has fallen by 7.14%, significantly underperforming the Sensex, which recorded a modest drop of 0.63% during the same period. This negative trend extends over longer horizons as well, with the stock losing 11.86% in the last month, while the Sensex gained 2.27%. Year-to-date figures further highlight the disparity: Surat Trade has declined by 35.32%, contrasting sharply with the Sensex’s 8.91% gain. Over one year, the stock’s fall of 37.72% stands in stark contrast to the Sensex’s 4.15% rise, underscoring the stock’s persistent weakness.
Even over a three-year span, Surat Trade’s share price has dropped by nearly half (49.71%), whereas the Sen...
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