News and Views
Extended Underperformance Against Benchmarks
Shivalik Rasayan’s recent price action is part of a broader trend of significant underperformance when compared to the Sensex. Over the past week, the stock has declined by 1.30%, more than double the Sensex’s modest fall of 0.59%. The divergence becomes more pronounced over longer periods, with the stock falling 14.55% in the last month while the Sensex gained 1.34%. Year-to-date, Shivalik Rasayan has plummeted by 48.36%, starkly contrasting with the Sensex’s 8.92% rise. This persistent weakness extends to the one-year, three-year, and five-year horizons, where the stock has consistently lagged the benchmark by wide margins, highlighting structural challenges or market concerns specific to the company or its sector.
