News and Views
Recent Price Movements and Market Performance
TCI Express has been on a downward trajectory over the past week, with the stock falling 3.74%, significantly underperforming the Sensex, which remained nearly flat with a marginal 0.06% gain. The one-month performance paints a bleaker picture, as the stock declined 11.23% while the Sensex advanced by 0.82%. Year-to-date, the stock has lost 27.02%, contrasting sharply with the Sensex’s 8.65% gain. Over the last year, the stock’s return stands at a negative 28.43%, whereas the benchmark index has appreciated by 7.31%. This persistent underperformance extends over a three-year horizon, with TCI Express plummeting 68.37% against the Sensex’s robust 36.34% rise.
On the day of 24-Nov, the stock traded close to its 52-week low, j...
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