News and Views
Recent Price Movement and Market Performance
On 21 January, Vikas Lifecare’s shares closed at ₹1.71, down by 2.29% or ₹0.04 from the previous session. The stock has been on a losing streak for four consecutive days, registering a cumulative decline of 5% over this period. This recent weakness is more pronounced than the broader market, with the Sensex falling by only 1.77% over the past week and 3.56% over the last month, while Vikas Lifecare’s stock has declined by 5% in both timeframes.
The stock’s performance year-to-date also trails the benchmark marginally, with a 3.39% fall compared to the Sensex’s 3.89% decline. However, the longer-term picture is far more concerning. Over the past year, the stock has plummeted by 57.14%, starkly contrasting with the Sensex’s 8....
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