Persistent Weakness Against Market Benchmarks
Megatherm Induction Ltd has experienced a significant decline over multiple time frames when compared to the Sensex. Over the past week, the stock has fallen by 4.53%, markedly underperforming the Sensex’s modest 0.32% decline. This trend extends over the last month, with the stock down 7.25% while the Sensex dipped only 0.36%. The year-to-date figures are particularly stark, with Megatherm Induction Ltd losing 33.13% of its value, contrasting sharply with the Sensex’s 9.18% gain. Over the last year, the stock’s decline deepens to 39.28%, whereas the Sensex has appreciated by 6.68%. This persistent underperformance highlights ongoing challenges facing the company or its sector, which have not been mirrored by the broader market.Read More






