Persistent Underperformance Against Benchmarks
The stock’s recent price movement is part of a sustained slump that has seen Ankit Metal & Power Ltd lagging far behind the Sensex over multiple time frames. Over the past week, the stock has declined by 6.70%, while the Sensex gained 1.00%. This negative divergence extends over longer periods, with the stock down 9.24% in the last month compared to a modest 0.60% rise in the Sensex.
More strikingly, the year-to-date (YTD) performance reveals a steep fall of 64.54% for Ankit Metal & Power Ltd, in stark contrast to the Sensex’s 9.30% gain. Over the last year, the stock has plunged 66.26%, while the benchmark index rose by 8.84%. Even over three and five years, the stock’s returns remain deeply negative or modest, wi...
Read full news article













