Persistent Weakness Against Market Benchmarks
Shivalic Power’s recent price action is part of a longer-term pattern of significant underperformance. Over the past week, the stock has fallen by 6.79%, markedly worse than the Sensex’s modest decline of 0.69%. The divergence becomes even more pronounced over the last month, with Shivalic Power shedding 21.46% while the Sensex gained 1.70%. Year-to-date figures reveal a stark contrast: the stock has plummeted 66.90%, whereas the Sensex has advanced by 10.10%. Over the last year, the stock’s decline of 67.54% stands in sharp opposition to the Sensex’s 6.40% gain. This sustained underperformance highlights significant challenges facing the company or its sector, which investors appear to be pricing in aggressively.
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