News and Views
Persistent Underperformance Against Benchmarks
Digidrive Distributors has been under considerable pressure over recent periods, as reflected in its returns relative to the broader market. Over the past week, the stock declined by 6.38%, markedly underperforming the Sensex, which fell only 0.63%. The one-month performance further emphasises this weakness, with the stock down 8.30% while the Sensex gained 2.27%. Year-to-date figures reveal a stark contrast: Digidrive Distributors has plummeted nearly 43%, whereas the Sensex has risen by 8.91%. Similarly, over the last year, the stock has lost 39.20%, while the benchmark index recorded a 4.15% gain. This persistent underperformance highlights the stock’s ongoing struggles amid a generally positive market environment.
