Why is Alicon Cast. falling/rising?

Jul 15 2025 09:59 PM IST
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As of 15-Jul, Alicon Castalloy Ltd's stock price is 955.00, down 0.52%, and has underperformed with a 25.28% decline over the past year. Contributing factors include a 24.8% drop in profits and low liquidity, indicating weak investor interest and poor long-term growth prospects.
As of 15-Jul, Alicon Castalloy Ltd's stock price is currently at 955.00, reflecting a decrease of 5.0, or 0.52%. The stock has been underperforming, having fallen for the last two days with a total decline of 1.74%. Despite touching an intraday high of Rs 981.55 earlier in the day, the stock's performance has been lackluster, underperforming its sector by 2.18%. Over the past week, the stock has shown a positive return of 8.52%, but it has significantly underperformed over the past year with a decline of 25.28%. Factors contributing to this decline include a substantial drop in profits by 24.8% over the past year, alongside a low return on capital employed (ROCE) of 11.12%, which is the lowest in recent history.

In the broader market context, while the Sensex has generated a positive return of 1.79% over the last month, Alicon Castalloy Ltd's performance has been negative, with a year-to-date decline of 4.24%. This stark contrast highlights the stock's struggles relative to the market. Additionally, the stock's liquidity has decreased, with a significant drop in delivery volume by 53.98% compared to the five-day average, indicating waning investor interest. The company's long-term growth prospects appear poor, with net sales and operating profit growth rates of only 12.44% and 10.78%, respectively, over the last five years, further contributing to the stock's downward trajectory.
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