News and ViewsPersistent Underperformance Against Benchmarks
Rasandik Engineering’s recent price action is part of a broader pattern of underperformance relative to the Sensex. Over the past week, the stock has fallen by 4.66%, markedly worse than the Sensex’s modest decline of 0.53%. The divergence becomes even more pronounced over longer periods: in the last month, Rasandik’s shares have plunged 18.14%, while the Sensex gained 2.16%. Year-to-date figures reveal a stark contrast, with Rasandik down 45.99% compared to the Sensex’s 9.12% rise. Over one year, the stock has declined 42.55%, whereas the Sensex has appreciated by 5.32%. Even over three and five years, Rasandik’s returns lag significantly behind the benchmark, with losses of 29.58% and 3.69% respectively, against Sensex gains of...
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