Sumedha Fiscal Services Faces Stock Volatility Amidst Broader Market Gains
Sumedha Fiscal Services Ltd, a microcap NBFC, has faced significant stock fluctuations today, with a market cap of Rs 50.00 crore and a P/E ratio notably below the industry average. Over the past year, its performance has lagged behind the Sensex, reflecting ongoing challenges in the market.
Sumedha Fiscal Services Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, has experienced notable fluctuations in its stock performance today. The company's market capitalization stands at Rs 50.00 crore, with a price-to-earnings (P/E) ratio of 5.63, significantly lower than the industry average of 21.87. Over the past year, Sumedha Fiscal Services has recorded a performance of 8.83%, which lags behind the Sensex's 13.08% gain. In the short term, the stock has faced challenges, with a decline of 3.28% today, compared to a 1.48% increase in the Sensex. The stock's performance over the past week and month also reflects downward trends, with losses of 4.11% and 12.37%, respectively.
Year-to-date, Sumedha Fiscal Services has seen a significant decline of 33.34%, contrasting sharply with the Sensex's positive return of 5.62%. Despite a strong five-year performance of 324.66%, the company has struggled in the recent three-year period, showing a decrease of 18.37% against the Sensex's impressive 56.33% growth.
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