News and ViewsPersistent Underperformance Against Benchmarks
Examining the stock’s returns relative to the Sensex reveals a stark contrast. Over the past week, Colorchips New Media Ltd has declined by 6.03%, while the Sensex managed a modest gain of 0.31%. The divergence widens over longer periods, with the stock falling 27.50% in the last month compared to a 2.51% decline in the Sensex. Year-to-date, the stock has lost 24.28%, significantly underperforming the benchmark’s 3.11% drop. Over the past year, the disparity is even more pronounced, with Colorchips New Media Ltd plunging 56.06% while the Sensex rose 7.88%. This trend extends to three and five-year horizons, where the stock has declined 72.54% and gained 47.69% respectively, lagging far behind the Sensex’s 39.16% and 78.38% gains....
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