Wendt India Faces Significant Volatility Amid Declining Profitability and Market Challenges
Wendt India, a small-cap abrasives manufacturer, has faced notable volatility, reaching a new 52-week low. The company's recent financial results show significant declines in profit before and after tax, alongside a drop in return on capital employed. This performance contrasts with broader market trends.
Wendt India, a small-cap player in the abrasives industry, has experienced significant volatility today, hitting a new 52-week low of Rs. 8,755.35. The stock has underperformed its sector by 5.56%, continuing a downward trend with a 13.23% decline over the past three days. Despite reaching an intraday high of Rs. 9,651.25, the overall performance remains concerning.The company's recent financial results have raised red flags, with a reported profit before tax (PBT) of Rs. 8.70 crore, down 22.9%, and a profit after tax (PAT) of Rs. 8.22 crore, reflecting a 20.5% decrease. Additionally, Wendt India's return on capital employed (ROCE) has dropped to 23.30%, marking a significant decline in profitability.
In the broader market context, the Sensex opened lower and is currently trading down 0.23%, remaining close to its own 52-week low. While the BSE Small Cap index has gained 1.11% today, Wendt India’s performance starkly contrasts with the sector's overall positive movement, highlighting ongoing challenges for the company.
{{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
