Vikram Thermo Shows Resilience Amid Market Fluctuations and Declining Short-Term Performance
Vikram Thermo (India) Ltd, a microcap in the chemicals sector, has a market capitalization of Rs 533.00 crore and a P/E ratio significantly below the industry average. Despite a year-long decline, the company has shown strong growth over the past five years, outperforming the Sensex substantially.
Vikram Thermo (India) Ltd, a microcap player in the chemicals industry, has shown notable activity in the market today. The company's market capitalization stands at Rs 533.00 crore, with a price-to-earnings (P/E) ratio of 15.29, significantly lower than the industry average of 43.18. Over the past year, Vikram Thermo has experienced a decline of 14.72%, contrasting sharply with the Sensex, which has gained 9.74% during the same period. However, the stock has seen a slight uptick of 0.21% today, while the Sensex has dipped by 1.10%. In the short term, the stock's performance over the past week is down by 7.12%, yet it has rebounded slightly with a 2.22% increase over the past month.
Longer-term performance metrics reveal a robust growth trajectory, with a remarkable 982.96% increase over the past five years, compared to the Sensex's 151.10%. Despite recent fluctuations, Vikram Thermo's historical performance indicates resilience in the face of market challenges.
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