Why is 21st Cent. Mgmt. falling/rising?
As of 02-Jul, Twenty First Century Management Services Ltd's stock price is Rs. 59.56, having increased by 1.99% today after a trend reversal. Despite this uptick, the stock has underperformed significantly over the past week, month, and year, with a year-to-date decline of -34.26% compared to the Sensex's gain of 6.75%.
As of 02-Jul, Twenty First Century Management Services Ltd's stock price is currently at Rs. 59.56, reflecting an increase of Rs. 1.16 or 1.99%. Today's price summary indicates that the stock has outperformed its sector by 3.22% and has experienced a trend reversal, gaining after seven consecutive days of decline. However, it has hit a new 52-week low of Rs. 57.24 today. Despite this recent uptick, the stock has shown poor performance over the past week, month, and year, with returns of -5.91%, -14.73%, and -17.09% respectively. The company has a high dividend yield of 4.28%, but its profits have fallen significantly by -61.7%, contributing to its weak long-term fundamental strength.In the broader market context, the stock has underperformed compared to the Sensex, which has gained 0.79% over the past week and 2.50% over the past month. While the stock has shown some positive movement today, its year-to-date performance is notably poor at -34.26%, contrasting sharply with the Sensex's gain of 6.75% in the same period. This underperformance, coupled with operating losses and a significant drop in profits, suggests that investor sentiment remains cautious despite the recent price increase.
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