News and Views
Persistent Underperformance Against Benchmarks
Subex’s recent price action reflects a sustained period of weakness relative to the broader market. Over the past week, the stock has declined by 7.27%, sharply contrasting with the Sensex’s marginal fall of 0.06%. This underperformance extends over longer horizons, with the stock down 7.48% in the last month while the Sensex gained 0.82%. Year-to-date, Subex has plunged 44.76%, a stark divergence from the Sensex’s 8.65% rise. The one-year and three-year returns further highlight this trend, with Subex falling 47.00% and 61.28% respectively, while the Sensex posted gains of 7.31% and 36.34% over the same periods. Even over five years, Subex’s 36.21% decline contrasts sharply with the Sensex’s robust 90.69% appreciation.
