Enkei Wheels India Faces Ongoing Market Challenges Amid Significant Stock Volatility
Enkei Wheels India has faced notable volatility, hitting a new 52-week low and experiencing a decline over the past four days. The company has reported a disappointing one-year return and weak long-term fundamentals, including low Return on Capital Employed and negative results for four consecutive quarters.
Enkei Wheels India has experienced significant volatility today, reaching a new 52-week low of Rs. 466.05. This marks a notable decline, as the stock has underperformed its sector by 2.59% and has seen a consecutive drop over the last four days, totaling a decrease of 5.66% during this period. Despite opening with a gain of 2.19% and hitting an intraday high of Rs. 488, the stock ultimately fell to its day's low.In terms of performance metrics, Enkei Wheels India has reported a disappointing one-year return of -27.71%, contrasting sharply with the Sensex's modest gain of 0.80%. The company's long-term fundamentals appear weak, highlighted by an average Return on Capital Employed (ROCE) of just 2.97% and a high Debt to EBITDA ratio of 3.50 times. Additionally, the company has faced negative results for four consecutive quarters, with operating cash flow at its lowest point of Rs. 20.54 crore.
Overall, Enkei Wheels India is trading below its moving averages across various timeframes, indicating ongoing challenges in its market position.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
