News and Views
Persistent Downtrend and Market Underperformance
Themis Medicare’s stock has been on a downward trajectory for the past week, losing 7.15% compared to a modest 0.79% gain in the Sensex over the same period. The decline extends over the last month as well, with the stock falling 14.16% while the Sensex rose by nearly 1%. Year-to-date figures reveal a stark contrast, with Themis Medicare plunging 58.77% against the Sensex’s 9.08% gain. Over the last year, the stock has underperformed dramatically, dropping 62.27% while the benchmark index advanced by 10.47%. Even over a three-year horizon, the company’s 21.77% return trails the Sensex’s 39.39% growth, signalling sustained underperformance.
On the day in question, the stock underperformed its sector by 2.91%, hitting an i...
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