Siti Networks Faces Financial Struggles Amid Broader Market Decline and Volatility
Siti Networks, a microcap in the DTH/Cable sector, has hit a new 52-week low amid broader market declines. The company has not reported results in six months, has a negative net worth, and has faced losses for three consecutive quarters, raising concerns about its financial stability.
Siti Networks, a microcap player in the DTH/Cable industry, has experienced significant volatility, hitting a new 52-week low of Rs. 0.49 today. The stock has underperformed its sector by 2.96%, reflecting broader market challenges as the Sensex fell sharply by 1.58% after a negative opening. Over the past year, Siti Networks has seen a decline of 20.31%, contrasting sharply with the Sensex's positive performance of 2.95%. The company's financial health raises concerns, as it has not reported results in the last six months and has posted negative net worth. Operating profit growth has stagnated at an annual rate of 0% over the past five years, and the company has reported losses for three consecutive quarters.
Siti Networks is trading below all key moving averages, indicating a bearish trend. The stock's technical indicators, including MACD and Bollinger Bands, suggest a deteriorating outlook. With a high debt-to-equity ratio and negative EBITDA, the company faces significant challenges ahead.
{{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
