Recent Price Movement and Market Context
The stock hit a new 52-week low of ₹642.1 during intraday trading on 24-Nov, marking a fresh nadir for investors. This decline is significant given the stock’s underperformance against the Sensex benchmark, which has remained relatively stable with a marginal weekly change of -0.06%. Over the past week, Suyog Telematics has fallen by 3.99%, considerably worse than the benchmark’s near-flat movement. The one-month performance further highlights the stock’s struggles, with a steep decline of 18.88% compared to the Sensex’s modest gain of 0.82%.
Year-to-date and one-year returns paint a more concerning picture for shareholders. Suyog Telematics has lost over 63% of its value year-to-date and approximately 62.7% over the last twelve...
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