Why is Adhbhut Infra. falling/rising?
As of 12-Sep, Adhbhut Infrastructure Ltd's stock price is declining at 17.85, down 2.72%, with a total drop of 3.57% over the last two days and a staggering annual return of -28.57%. The company faces significant financial challenges, including a negative book value and poor operating performance, contrasting sharply with the rising Sensex.
As of 12-Sep, Adhbhut Infrastructure Ltd is experiencing a decline in its stock price, currently at 17.85, reflecting a decrease of 0.5 or 2.72%. The stock has underperformed significantly, with a consecutive fall over the last two days resulting in a total decline of 3.57%. Additionally, the stock's performance over the past week and month shows a decrease of 2.46% and 2.25%, respectively, while it has generated a staggering return of -28.57% over the past year. The company is also facing challenges with a negative book value and weak long-term fundamental strength, as indicated by poor operating profit growth and a negative EBIT to interest ratio.In the broader market context, Adhbhut Infrastructure Ltd's recent performance contrasts sharply with the Sensex, which has risen by 1.48% over the past week and 2.08% over the past month. This underperformance is further highlighted by the stock's inability to keep pace with the benchmark indices over longer periods, including a significant decline of 89.42% over the past five years compared to a 110.80% increase in the Sensex. Despite a rise in investor participation, as evidenced by a 214.98% increase in delivery volume, the overall sentiment remains negative due to the company's weak financial fundamentals and below-par performance in both the near and long term.
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