Why is Akash InfraProj. falling/rising?
As of 09-Sep, Akash Infraprojects Ltd's stock price is at 30.52, down 3.36%, despite a recent weekly gain of 17.93%. The company faces challenges with high debt and a weak growth outlook, leading to a 21.64% decline over the past year and significant underperformance compared to the market.
As of 09-Sep, Akash Infraprojects Ltd is experiencing a decline in its stock price, currently at 30.52, reflecting a decrease of 1.06 or 3.36%. Despite a strong performance over the past week with a return of 17.93% and a notable increase in investor participation, as evidenced by a delivery volume rise of 3487.09% against the 5-day average, the stock has underperformed its sector by 3.04% today. The company's financials show positive net sales and profit after tax for the nine-month period, but it faces significant challenges with a high debt to EBITDA ratio and a weak long-term growth outlook, which has contributed to its substantial decline of 21.64% over the past year.In the broader market context, while the Sensex has shown a modest gain of 1.18% over the past week, Akash Infraprojects Ltd's performance has been starkly contrasting, indicating a significant underperformance relative to the market. The stock's year-to-date return of -8.62% further highlights its struggles compared to the benchmark's gain of 5.18%. This disparity suggests that despite some recent positive indicators, the overall sentiment around the stock remains negative, influenced by its long-term fundamental weaknesses and inability to generate sustainable growth.
{{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
