Recent Price Movements and Market Context
Vedant Fashions has been on a downward trajectory over the past week, losing 4.76% compared to a modest 0.63% decline in the Sensex. Over the last month, the stock has fallen 7.87%, while the Sensex has gained 2.27%. Year-to-date, the stock’s performance is particularly stark, with a 54.00% loss, in contrast to the Sensex’s 8.91% gain. Over the last year, Vedant Fashions has declined by 55.97%, while the benchmark index rose by 4.15%. This persistent underperformance extends over a three-year horizon as well, where the stock has lost 55.93% against a 36.01% gain in the Sensex.
On 08-Dec, the stock hit a new 52-week and all-time low of ₹581.8, marking a significant technical milestone that often signals investor caution. Despite...
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