Persistent Downtrend and Underperformance Against Benchmarks
The stock has been on a steep decline over multiple time horizons. Over the past week, Mangalam Drugs has lost 34.16% of its value, while the Sensex gained 0.87%. The one-month performance is even more stark, with the stock plunging 59.56% compared to a 2.03% rise in the benchmark. Year-to-date, the stock has fallen 77.00%, in sharp contrast to the Sensex’s 9.60% gain. Over the last year, the stock’s decline of 78.20% starkly contrasts with the Sensex’s 7.32% appreciation. This underperformance extends to the three- and five-year periods, where Mangalam Drugs has lost over 81% of its value while the Sensex has surged by 35.33% and 91.78% respectively.
Weak Financial Fundamentals Weighing on Investor C...
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