Persistent Underperformance Against Benchmarks
The recent price movement is part of a broader pattern of underperformance. Over the past week, Sibar Auto Parts has declined by 7.97%, contrasting sharply with the Sensex’s modest gain of 0.79%. This negative momentum extends over longer periods, with the stock falling 22.12% in the last month while the Sensex rose by nearly 1%. Year-to-date figures reveal an even starker contrast: the stock has lost 34.57% of its value, whereas the Sensex has appreciated by 9.08%. Over one, three, and five-year horizons, the stock continues to lag significantly behind the benchmark, which has delivered returns of 10.47%, 39.39%, and 94.23% respectively, compared to Sibar Auto Parts’ losses of 23.76%, 14.68%, and 5.14%.
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