Why is Ahm. Steelcraft falling/rising?
As of 11-Jul, Ahmedabad Steelcraft Ltd's stock price is at 222.45, down 0.51%, and has declined 10.25% over the last three days. Despite long-term growth, recent poor performance and high debt concerns have led to a lack of investor confidence.
As of 11-Jul, Ahmedabad Steelcraft Ltd's stock price is currently at 222.45, reflecting a decrease of 1.15, or 0.51%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 10.25% during this period. Today, it opened with a significant loss of 4.99% and traded within a wide range of Rs 22.3, reaching an intraday high of Rs 234.75 and a low of Rs 212.45. Despite outperforming its sector by 0.54% today, the stock's performance over the past week and month has been poor, with declines of 4.81% and 19.17% respectively. While the company has shown healthy long-term growth with impressive increases in net sales and operating profit, the stock's recent performance is overshadowed by poor management efficiency and a high debt-to-EBITDA ratio, which raises concerns about its profitability and ability to service debt.In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with a 1-week decline of 4.81% compared to the Sensex's drop of only 1.12%. This stark contrast highlights the stock's struggles relative to the overall market. Although the company has demonstrated strong long-term returns, including an 80.63% increase over the past year, the recent negative trends in stock price and investor participation suggest a lack of confidence among investors, despite rising promoter confidence and attractive valuations compared to peers. The combination of these factors indicates that while there are positive elements in the company's fundamentals, the immediate outlook remains challenging.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
