Why is Advik Capital falling/rising?
As of 18-Sep, Advik Capital Ltd's stock price is at 1.52, unchanged, and has underperformed its sector by 0.39%. The stock has seen significant declines over the past year and is struggling with negative financial results and weak investor sentiment.
As of 18-Sep, Advik Capital Ltd's stock price is currently at 1.52, showing no change (0.00%). The stock has underperformed its sector by 0.39% today, with a delivery volume that has significantly decreased by 57.66% compared to the 5-day average. Over the past week, the stock has declined by 2.56%, while it has seen a modest increase of 11.76% over the last month. However, the stock has faced substantial declines over the longer term, with a year-to-date drop of 29.30% and a staggering 47.22% decrease over the past year. Despite a very attractive valuation indicated by a Return on Capital Employed (ROCE) of 6.6 and trading at a discount compared to peers, the company has reported negative results for the last two consecutive quarters, including a significant fall in net sales and profits, which has negatively impacted investor sentiment.In the broader market context, the Sensex has increased by 1.80% over the past week and 2.14% over the past month, indicating that Advik Capital's recent performance is lagging behind the benchmark. The stock's long-term fundamentals are weak, with a high Debt to EBITDA ratio and consistent underperformance against the benchmark over the last three years. This underperformance, combined with negative financial results and falling investor participation, suggests that the stock is struggling to attract buyers, contributing to its current stagnant price movement.
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