Why is Alan Scott Inds. falling/rising?
As of 25-Jul, Alan Scott Industries Ltd is priced at 153.35, down 1.64% after a trend reversal following 11 days of gains. Despite a strong past year with a 220.84% return, the stock faces challenges due to weak fundamentals and declining investor participation, leading to a year-to-date decline of 14.40%.
As of 25-Jul, Alan Scott Industries Ltd is currently priced at 153.35, reflecting a decline of 2.55, or 1.64%. The stock has recently experienced a trend reversal, falling after 11 consecutive days of gains. Despite opening with a significant gain of 4.97% and reaching an intraday high of Rs 163.65, it also touched a low of Rs 148.15 during the day, indicating a wide trading range of Rs 15.5. The stock has outperformed the market over the past year with a remarkable return of 220.84%, even as it has shown weak long-term fundamental strength, including a negative average Return on Capital Employed (ROCE) and declining operating profits. Additionally, a significant drop in delivery volume by 75.94% against the 5-day average suggests falling investor participation, which may contribute to the current price decline.In the broader market context, Alan Scott Industries Ltd has outperformed the Sensex in the short term, with a 1-week return of 19.48% compared to the benchmark's slight decline of 0.36%. However, the stock's year-to-date performance shows a decline of 14.40%, contrasting with the Sensex's gain of 4.25%. This disparity highlights the stock's volatility and the challenges it faces despite its impressive past performance. The overall market sentiment appears to be cautious, particularly given the company's weak long-term growth prospects and negative operating profits, which may be influencing investor confidence and contributing to the recent price drop.
{{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
