Persistent Underperformance Against Benchmarks
PPAP Automotive’s recent price action reflects a broader pattern of underperformance relative to the Sensex and its sector peers. Over the past week, the stock has declined by 7.37%, while the Sensex marginally gained 0.16%. This negative momentum extends over longer periods, with the stock falling 14.52% in the last month compared to a 4.78% decline in the Sensex. Year-to-date, the stock has lost 13.90%, significantly outpacing the Sensex’s 4.17% drop. Even on a one-year basis, PPAP Automotive has declined by 9.45%, whereas the Sensex has appreciated by 5.37%. The disparity is even more pronounced over three and five years, where the stock has fallen 21.28% and 29.14% respectively, while the Sensex has surged 36.26% and 64.00% i...
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