Why is Adhbhut Infra. falling/rising?
As of 16-Sep, Adhbhut Infrastructure Ltd is priced at 17.50 with no change, underperforming its sector and showing significant declines in both short and long-term performance. The company has weak financial fundamentals, negative operating profits, and concerns regarding its ability to service debt, indicating a challenging recovery environment.
As of 16-Sep, Adhbhut Infrastructure Ltd is currently priced at 17.50, with no change in price (0.00%). The stock has underperformed its sector by 0.42% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 4.32%, and it has shown a significant decline of 28.54% over the past year. The company has a negative book value and weak long-term fundamental strength, with operating profits growing at a mere 7.71% annually over the last five years. Additionally, the company's ability to service its debt is concerning, as indicated by a poor EBIT to Interest ratio of -0.15. The stock's performance has been further hindered by negative operating profits and a substantial drop in profits of 111% over the past year.In the broader market context, while Adhbhut Infrastructure Ltd has faced a decline, the benchmark Sensex has increased by 1.58% over the past week and 5.43% year-to-date. This stark contrast highlights the stock's underperformance relative to the market. The company's recent delivery volume has seen a rise of 103.96% against the 5-day average, indicating some increased investor participation; however, this has not translated into positive price movement. Overall, the stock's poor performance in both the short and long term, coupled with its weak financial fundamentals, suggests a challenging environment for recovery.
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