Why is Advik Capital falling/rising?
As of 17-Sep, Advik Capital Ltd is priced at 1.52, down 0.65%, and has underperformed for four consecutive days with a total decline of 2.56%. The stock faces significant challenges, including a high Debt to EBITDA ratio and declining investor confidence, indicating weak long-term fundamentals.
As of 17-Sep, Advik Capital Ltd is currently priced at 1.52, reflecting a decrease of 0.01 or 0.65%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 2.56% during this period. Additionally, the stock's performance today has underperformed its sector by 1.88%. Despite a higher valuation with a Return on Capital Employed (ROCE) of 6.6 and trading at a discount compared to its peers, the company has faced significant challenges, including a 48.12% decline in returns over the past year and negative results in the last two quarters, which have contributed to its recent price movement.In the broader market context, the stock's short-term return of 1.33% over the past week is lower than the benchmark Sensex's return of 1.56%. This consistent underperformance against the benchmark over the last three years, combined with a high Debt to EBITDA ratio of 5.58 times and a significant drop in net sales, indicates weak long-term fundamental strength. The declining investor participation, evidenced by a 46.18% drop in delivery volume compared to the five-day average, further suggests a lack of confidence among investors, which is likely influencing the stock's downward trajectory.
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