New Delhi, Jan. 30 -- Shares of Apar Industries, which surged relentlessly over the last four calendar years, failed to sustain the same momentum this month. Weak December quarter earnings raised concerns over the stock's valuation, leading to one of its worst monthly performances in recent history.

Over the last 17 trading sessions, the stock has lost 37% of its value. So far this month, it is down nearly 30%, marking its biggest monthly drop since June 2008, when it tumbled 34%.

Although the company reported healthy revenue growth in Q3FY25, with a strong performance in the cable and conductor segments, a decline in margins weighed on its bottom-line performance. As a result, its consolidated net profit dropped to Rs.175 crore, markin...