Persistent Downtrend Against Market Benchmarks
The stock’s recent fall is part of a longer-term downward trajectory that starkly contrasts with the broader market’s positive performance. Over the past week, Suumaya Industries declined by 4.4%, while the Sensex gained 0.26%. This negative trend extends over one month, with the stock falling 11.63% against a 0.45% rise in the Sensex. More alarmingly, the year-to-date return for Suumaya Industries stands at a steep -64.4%, whereas the Sensex has appreciated by 10.08%. Over the last year, the stock has plummeted by 68.27%, while the benchmark index rose by 5.08%. The three- and five-year returns further highlight the company’s struggles, with losses exceeding 96% and 97% respectively, in stark contrast to the Sensex’s gains of ov...
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