Persistent Downtrend Against Benchmarks
SKP Bearing’s recent price movement is part of a broader downward trajectory that has seen the stock underperform significantly over multiple time horizons. Over the past week, the stock declined by 7.25%, contrasting sharply with the Sensex’s modest gain of 0.24%. The one-month performance is even more stark, with SKP Bearing shedding 25.81% compared to a marginal 0.75% decline in the Sensex. Year-to-date, the stock has lost 34.21%, while the benchmark index has advanced by 9.19%. This trend extends over the last year and three years, where SKP Bearing’s returns of -34.89% and -21.47% respectively lag far behind the Sensex’s positive returns of 6.09% and 41.32%. Such consistent underperformance signals deep-rooted challenges within the...
Read More







