News and Views
Recent Price Performance and Market Context
Welcast Steels has been on a downward trajectory over the past week, registering a loss of 8.69%, significantly underperforming the Sensex, which remained almost flat with a marginal decline of 0.06% during the same period. The one-month performance also paints a bleak picture, with the stock falling 7.54% while the Sensex gained 0.82%. Year-to-date, Welcast Steels has declined sharply by 35.03%, contrasting starkly with the Sensex’s robust 8.65% gain. Over the last year, the stock’s performance remains weak, down 35.32%, whereas the benchmark index has appreciated by 7.31%. Although the stock has delivered a positive 15.37% return over three years, this pales in comparison to the Sensex’s 36.34% growth. Over five years, Welcast Ste...
Read More
