News and Views
Strong Recent Performance Against Market Benchmarks
Alps Industries has demonstrated remarkable short-term gains, with a one-week and one-month return of 41.62%, significantly outperforming the Sensex, which declined by 0.52% over the same week and rose modestly by 1.13% in the past month. This divergence highlights the stock’s exceptional momentum relative to the broader market. Despite this recent surge, the stock’s year-to-date performance remains negative at -11.43%, contrasting with the Sensex’s positive 8.55% gain. Over a longer horizon, the stock has underperformed the benchmark, with a one-year return of -23.77% against the Sensex’s 4.04%, and a three-year return of 21.30% compared to the Sensex’s 36.40%. However, the five-year return of 165.71% notably surpasses the ...
Read More
