Short-Term Price Movement and Market Context
Venus Remedies’ share price dropped by ₹28.15 on 17-Dec, marking a 3.53% decrease from the previous close. Intraday, the stock touched a low of ₹758.40, representing a 4.86% fall from its prior levels. This decline is significant given the stock’s recent outperformance relative to the broader market and its sector peers. Over the past week, the stock has declined by 2.23%, while the Sensex benchmark index gained 0.20%, indicating that Venus Remedies underperformed the market in the short term.
Despite this recent dip, the stock’s longer-term returns remain robust. Over the past month, Venus Remedies surged by 38.36%, substantially outperforming the Sensex, which declined by 0.46% during the same period. Year-to-date, the sto...
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