As of N/A, Eastern Treads Ltd is experiencing a decline in its stock price, currently at 33.00, which represents a decrease of 1.88 or 5.39%. Unfortunately, today's price summary data is not available, but the stock has shown negative returns over various periods, including a 1-week decline of 4.35% and a year-to-date drop of 13.14%. The company faces significant challenges, including a negative book value and weak long-term fundamental strength, with net sales declining at an annual rate of 4.91% and operating profit plummeting by 198.99% over the past five years. Additionally, the stock is considered risky due to negative EBITDA and a high debt-to-equity ratio, which further contributes to its underperformance.
In the broader market context, Eastern Treads has consistently underperformed against the benchmark, with a one-year return of -11.55% compared to the Sensex's gain of 6.46%. This trend of underperformance extends over the last three years, indicating a persistent struggle for the company relative to the market. The stock's recent decline is exacerbated by its inability to generate positive returns, contrasting sharply with the overall market's upward trajectory, which has seen the Sensex rise by 7.19% year-to-date.