Why is 3M India falling/rising?
As of 30-Jul, 3M India Ltd. is facing a stock price decline to 30,864.70, down 0.47%, with significant drops in investor participation and a concerning 21.98% decline over the past year. Despite a strong return on equity, the company struggles with poor long-term growth and underperformance compared to market benchmarks.
As of 30-Jul, 3M India Ltd. is experiencing a decline in its stock price, currently at 30,864.70, reflecting a decrease of 145.3 points or 0.47%. The stock's performance today is in line with its sector, although it has shown a significant drop in investor participation, with delivery volume falling by 62.97% compared to the 5-day average. Over the past week, the stock has decreased by 2.25%, while it has performed better over the past month with an increase of 8.03%. However, its long-term performance remains concerning, with a 21.98% decline over the past year. The company has a high management efficiency indicated by a return on equity (ROE) of 19.22% and a low debt-to-equity ratio, but it faces challenges with poor long-term growth, as evidenced by a significant drop in profit after tax (PAT) and earnings per share (EPS).In the broader market context, the stock's recent performance has been weaker than the benchmark, with the Sensex declining only 1.50% over the past week and showing a positive return of 4.28% year-to-date, compared to 3M India's 1.51% increase. This underperformance is further highlighted by the stock's negative returns over the past year and its inability to keep pace with the BSE500 index in the last three years. The stock is trading at a discount compared to its peers' average historical valuations, but the overall sentiment remains cautious due to its declining profits and below-par performance in both the short and long term.
{{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
Most Read
