News and Views
Persistent Underperformance Against Benchmarks
Arrow Greentech’s recent price action is part of a broader pattern of underperformance relative to the Sensex. Over the past week, the stock has declined by 8.38%, while the Sensex remained virtually flat, edging down by just 0.06%. This divergence has widened over longer time frames, with the stock falling 17.83% in the last month compared to a 0.82% gain in the Sensex. Year-to-date, the stock has lost 32.81%, whereas the benchmark index has gained 8.65%. Over the last year, the disparity is even more pronounced, with Arrow Greentech down 40.19% against a 7.31% rise in the Sensex. These figures underscore the stock’s significant laggard status within the market despite its strong long-term gains of over 1,000% in five years.
...Read More
