Vardhman Acrylics Faces Mixed Performance Amid Broader Market Trends and Challenges

Vardhman Acrylics Ltd, a microcap player in the Garments & Apparels industry, has shown a modest increase of 0.09% in its stock price today, contrasting with the Sensex's gain of 0.39%. Over the past year, the stock has experienced a decline of 24.97%, significantly underperforming the Sensex, which has seen a slight increase of 0.08% during the same period.
In terms of performance metrics, Vardhman Acrylics has a market capitalization of Rs 365.00 crore and a price-to-earnings (P/E) ratio of 39.41, which is notably higher than the industry average P/E of 23.18. The stock has shown some resilience in the short term, with a weekly performance of 2.02% and a monthly increase of 2.41%, both outperforming the Sensex.

However, the longer-term outlook reveals a mixed picture, with a year-to-date decline of 15.79% and a three-year performance drop of 21.13%. In contrast, the stock has performed well over five years, with a gain of 44.68%, although this is still below the Sensex's impressive 113.70% increase during the same timeframe. Technical indicators suggest a bearish trend in the weekly and monthly outlooks, reflecting ongoing market dynamics.