Olympic Oil Industries Faces Significant Volatility Amidst Weak Financial Fundamentals
Olympic Oil Industries has hit a new 52-week low, reflecting significant volatility and underperformance compared to its sector. The stock has dropped substantially over the past year, with erratic trading patterns and persistent declines below key moving averages. Financial challenges include a negative book value and high debt levels.
Olympic Oil Industries, a microcap player in the Other Agricultural Products sector, has experienced significant volatility today, hitting a new 52-week low of Rs. 27.55. This decline marks a notable underperformance, with the stock trailing its sector by 5.72%. Over the past year, Olympic Oil has seen a substantial drop of 25.72%, contrasting sharply with the Sensex's modest gain of 1.61%.Trading activity has been erratic, with the stock not trading on four out of the last 20 days. Today, it reached an intraday low of Rs. 27.55, reflecting a 4.9% decrease. The stock is currently positioned below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.
Financially, Olympic Oil Industries faces challenges, including a negative book value and a high debt-to-equity ratio, which raises concerns about its long-term viability. Recent quarterly results have shown minimal growth, with a PBDIT of Rs. -0.08 crore and an EPS of Rs. -0.28. The company’s performance metrics suggest a weak fundamental strength, contributing to its current 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
