News and Views
Persistent Underperformance Against Benchmarks
Vedavaag Systems has been grappling with significant losses relative to the Sensex, which has steadily advanced over the same periods. Over the past week, the stock has declined by 9.58%, contrasting sharply with the Sensex’s 1.37% gain. This negative trend extends over one month, where Vedavaag Systems fell 12.91% while the Sensex rose 1.50%. The year-to-date figures are even more stark, with the stock plunging 54.20% against the Sensex’s 9.59% appreciation. Over the last year, Vedavaag Systems has lost 55.51%, whereas the Sensex gained 10.38%. Even on a three-year horizon, the stock remains down 40.74%, while the benchmark surged 38.87%. Although the five-year return shows a modest 7.81% gain for Vedavaag Systems, it pales in c...
Read More
