Persistent Underperformance Against Benchmarks
Last Mile Enterprises Ltd has been struggling to maintain its market value over recent periods, with its returns sharply lagging behind the Sensex. Over the past week, the stock declined by 9.93%, compared to a modest 1.86% drop in the Sensex. This trend worsens over longer horizons, with the stock plunging 27.77% in the last month while the Sensex fell only 2.21%. Year-to-date figures also reveal a 16.12% loss for the stock against a 2.16% decline in the benchmark index.
More strikingly, the stock has suffered an 81.35% loss over the last year, in stark contrast to the Sensex’s 9.00% gain during the same period. Even over three years, the stock remains down 30.79%, while the Sensex has surged 38.37%. Despite a strong five...
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