News and Views
Persistent Underperformance Against Benchmarks
The stock has consistently lagged behind the broader market indices over multiple time horizons. Over the past week, Hathway Bhawani's shares fell by 6.17%, more than double the Sensex's decline of 2.55%. This trend extends to the monthly and year-to-date periods, with the stock down 5.16% and 6.37% respectively, compared to the Sensex's more modest declines of 1.29% and 1.93%. The disparity becomes even more pronounced over longer durations; the stock has lost 26.30% in the last year while the Sensex gained 7.67%. Over three and five years, the stock's returns stand at -32.33% and -41.20%, in stark contrast to the Sensex's robust gains of 37.58% and 71.32% respectively. This persistent underperformance signals investor scepticis...
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