News and ViewsRecent Price Movement and Market Context
Trident Ltd has experienced a notable dip in its share price over the last two days, falling approximately 5.5% in that period. This decline contrasts with the stock’s positive weekly return of 6.50%, which outpaces the Sensex’s 1.59% gain over the same timeframe. Over the past month and year-to-date, the stock has also delivered positive returns of 3.98% and 3.44% respectively, while the broader market indices have registered negative returns. However, the longer-term picture reveals underperformance, with the stock generating a negative 10.80% return over the last year compared to the Sensex’s 7.07% gain, and a 14.57% loss over three years against a 38.13% rise in the benchmark.
Despite the recent price weakness, Trident’s sha...
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