Gratex Industries Faces Continued Decline Amid Broader Market Gains and Weak Fundamentals
Gratex Industries has faced notable volatility, reaching a new 52-week low and underperforming its sector. The stock has declined over the past two days and is trading below key moving averages. The company's long-term fundamentals show weak growth and challenges with debt servicing, impacting its market position.
Gratex Industries, a microcap player in the trading industry, has experienced significant volatility, hitting a new 52-week low of Rs. 16 today. The stock has underperformed its sector by 0.71% and has seen a consecutive decline over the past two days, resulting in a total drop of 0.93%. Currently, Gratex Industries is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.In the broader market context, the Sensex opened higher at 80,142.09, gaining 546.50 points (0.69%), while mid-cap stocks are leading with a 0.94% increase. Over the past year, Gratex Industries has recorded a decline of 7.73%, contrasting sharply with the Sensex's performance of 8.65%.
The company's long-term fundamentals appear weak, with a -4.36% CAGR growth in operating profits over the last five years and a low return on equity of 2.85%. Additionally, Gratex Industries has struggled with debt servicing, reflected in a poor EBIT to interest ratio of 0.12. These factors contribute to its current market position and performance indicators.
{{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
