Persistent Underperformance Against Market Benchmarks
The stock’s recent price action reflects a challenging period for investors. Over the past week, Mihika Industries has declined by 5.15%, sharply contrasting with the near-flat performance of the Sensex, which remained virtually unchanged with a marginal 0.01% movement. This underperformance extends over longer horizons as well, with the stock falling 19.31% in the last month compared to the Sensex’s modest 1.31% decline.
Year-to-date figures further highlight the stock’s struggles, with a decline of 11.99% against the Sensex’s 1.94% loss. More strikingly, the one-year return for Mihika Industries stands at a steep negative 44.78%, while the Sensex has gained 8.47% over the same period. The three-year comparison is ...
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