Why is Adhbhut Infra. falling/rising?
As of 24-Sep, Adhbhut Infrastructure Ltd's stock price is at 17.10, down 2.4%, and has underperformed significantly with a 19.94% decline year-to-date and a 25.10% drop over the past year, compounded by negative fundamentals and low investor interest.
As of 24-Sep, Adhbhut Infrastructure Ltd's stock price is currently at 17.10, reflecting a decrease of 0.42 or 2.4%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 4.95% during this period. Additionally, the stock has shown poor performance over the past week, down 5.94%, and has significantly underperformed the benchmark Sensex over various time frames, including a 19.94% decline year-to-date and a 25.10% drop over the past year. The company is also facing challenges with a negative book value and weak long-term fundamentals, as indicated by a poor EBIT to interest ratio of -0.15 and a lack of growth in operating profits.In the broader market context, while the Sensex has shown a slight increase of 0.50% over the past month, Adhbhut Infrastructure Ltd has experienced a substantial decline of 10.00% in the same period, highlighting its significant underperformance relative to the market. The stock's liquidity appears to be low, with a drastic drop in delivery volume, indicating reduced investor interest. Overall, the combination of negative operating profits, poor long-term growth prospects, and a lack of investor participation contributes to the stock's downward trajectory.
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