Why is Adhbhut Infra. falling/rising?
As of 18-Sep, Adhbhut Infrastructure Ltd's stock price is at 17.54, down 3.52%, with significant underperformance reflected in a year-to-date return of -17.88%. The company faces serious challenges, including a negative book value and weak fundamentals, while trading below all key moving averages.
As of 18-Sep, Adhbhut Infrastructure Ltd is experiencing a decline in its stock price, currently at 17.54, which reflects a decrease of 0.64 or 3.52%. The stock has underperformed significantly, with a 1-week return of -4.41% and a year-to-date return of -17.88%. Today's performance indicates that it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. While there has been a notable increase in delivery volume, up by 927.98% compared to the 5-day average, the company faces serious challenges, including a negative book value and weak long-term fundamental strength. The operating profit growth has been minimal at 7.71% over the last five years, and the company's ability to service its debt is concerning, as indicated by a poor EBIT to Interest ratio of -0.15.In the broader market context, the Sensex has shown a positive return of 1.80% over the past week, contrasting sharply with Adhbhut Infrastructure's decline. This underperformance is evident not only in the short term but also in the long term, as the stock has generated a return of -26.89% over the past year, while the benchmark has remained relatively flat with a return of 0.08%. The stock's performance is further compounded by its risky nature, as it has consistently underperformed against the BSE500 over various time frames, indicating a lack of investor confidence and a challenging operational environment.
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