News and Views
Recent Price Movement and Market Context
Vardhman Concrete’s share price increase of ₹0.22 on 25-Nov marks a continuation of gains over the past two days, cumulatively delivering a 7.96% return in this brief period. This short-term rally stands out against the backdrop of the stock’s significant underperformance over longer time frames. Over the past week and month, the stock has declined sharply by approximately 19.8% and 19.6% respectively, while the Sensex benchmark has remained relatively flat, with marginal changes of -0.10% and +0.45% over the same periods.
Year-to-date, the stock has fallen by 30.74%, contrasting starkly with the Sensex’s robust 8.25% gain. Similarly, over the last one year, Vardhman Concrete’s shares have dropped 20%, whereas the benchmark inde...
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