Why is Ahm. Steelcraft falling/rising?

Sep 02 2025 09:39 PM IST
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As of 02-Sep, Ahmedabad Steelcraft Ltd's stock price has risen to Rs 223.95, up 10.32%, and has outperformed its sector and the benchmark Sensex recently. Despite strong short-term performance and healthy long-term growth, the stock has a negative year-to-date performance of -15.79%.
As of 02-Sep, Ahmedabad Steelcraft Ltd is experiencing a price increase, with its current price at Rs 223.95, reflecting a rise of Rs 20.95 or 10.32%. The stock has shown strong performance today, outperforming its sector by 10.48% and achieving a consecutive gain over the last two days, with a total return of 13.11% during this period. Despite a decline in delivery volume by 54.12% against the 5-day average, the stock remains liquid enough for trading. The company has demonstrated healthy long-term growth, with net sales and operating profit increasing significantly, and has reported positive results for the last four consecutive quarters. However, it also faces challenges, such as low management efficiency indicated by a low average return on equity of 0.50% and a high debt to EBITDA ratio.

In the broader market context, the stock has outperformed the benchmark Sensex over the past week, gaining 12.42% compared to the benchmark's decline of 0.78%. Over the last month, the stock has also shown a positive return of 3.06%, while the Sensex has decreased by 0.55%. This strong short-term performance, combined with the company's impressive growth metrics and consistent returns over the past three years, contributes to the stock's rising price. However, the overall year-to-date performance remains negative at -15.79%, contrasting with the Sensex's positive return of 2.58%, indicating that while the stock is currently rising, it has faced significant challenges throughout the year.
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