News and Views
Persistent Underperformance Against Benchmarks
The stock’s recent price movement is part of a broader pattern of underperformance relative to the Sensex. Over the past week, Simbhaoli Sugar’s shares have fallen by 16.59%, while the Sensex remained virtually flat, declining only 0.06%. The one-month performance is even more stark, with the stock down 27.31% compared to a modest 0.82% gain in the Sensex. Year-to-date, the stock has plummeted by 50.03%, in sharp contrast to the Sensex’s 8.65% rise. This divergence highlights the company’s challenges amid a generally positive market environment.
Longer-term data further emphasises the stock’s struggles. Over the past year, Simbhaoli Sugar has lost 55.86% of its value, while the Sensex gained 7.31%. Even over three years, t...
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