North Industries Group Stock Hits Day Low Amid Price Pressure at CNY 16.99

4 hours ago
share
Share Via
North Industries Group Red Arrow Co., a key player in the Aerospace & Defense sector, saw its stock decline significantly today, reflecting broader market challenges. Despite a recent report of substantial net sales growth, the company faces ongoing issues, including low returns and negative operating profit trends over the past five years.
North Industries Group Stock Hits Day Low Amid Price Pressure at CNY 16.99
North Industries Group Red Arrow Co., a prominent player in the Aerospace & Defense sector, experienced a notable decline today, with its stock price dropping by 3.17%. The stock reached an intraday low of CNY 16.99, reflecting a challenging trading environment. Over the past week, the stock has seen a significant decrease of 12.72%, while its performance over the last month shows a decline of 8.57%.
In the context of broader market trends, the China Shanghai Composite index fell by 1.39% today, indicating that North Industries Group Red Arrow Co. has underperformed relative to the market. Year-to-date, the stock has declined by 6.21%, contrasting sharply with the index's modest gain of 0.95%. Despite a recent positive report highlighting a 44.82% growth in net sales, the company has faced ongoing challenges, including a low return on capital employed of 10.05% and a concerning trend of negative operating profit over the past five years. With a market capitalization of CNY 25,993 million, the company continues to navigate a complex financial landscape.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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