Recent Price Movement and Market Comparison
The stock’s recent performance has been disappointing when compared to the broader market. Over the past week, Wires & Fabriks has declined by 5.00%, significantly underperforming the Sensex, which fell by only 1.00% in the same period. Year-to-date, the stock is down 5.69%, slightly worse than the Sensex’s 5.28% decline. More strikingly, over the last year, the stock has lost 16.21% in value, while the Sensex gained 5.16%, highlighting a persistent weakness in the company’s share price relative to the benchmark.
Adding to concerns, the stock is trading close to its 52-week low, just 4.96% above the lowest price of ₹155.3. Intraday trading on 01-Feb saw the stock touch a low of ₹163.4, with the weighted average price indi...
Read full news article












