News and Views
Extended Underperformance Against Benchmarks
The recent price movement is part of a broader pattern of underperformance. Over the past week, Singer India’s shares have declined by 10.70%, markedly worse than the Sensex’s modest 1.73% fall. This negative momentum has accelerated over the last month, with the stock dropping 16.29% compared to the Sensex’s 3.24% decline. Year-to-date figures further highlight the disparity, as Singer India has lost 18.71% in value while the benchmark index has only fallen 3.57%. Over the longer term, the stock’s performance remains weak, with a 23.17% loss over the past year against a 6.63% gain in the Sensex, and a 29.16% decline over three years compared to the Sensex’s robust 35.56% appreciation. Even over five years, the stock’s 35.22% gain ...
Read full news article
