Why is Allcargo Termi falling/rising?
As of 05-Jun, Allcargo Terminals Ltd's stock price is 29.02, reflecting a slight decline of 0.1%. The company has underperformed significantly over the past year, with a 43.03% decline compared to the benchmark, indicating weak long-term fundamentals and ongoing financial struggles.
As of 05-Jun, Allcargo Terminals Ltd is experiencing a slight decline in its stock price, currently at 29.02, which reflects a decrease of 0.03 or 0.1%. The stock's performance today is in line with the sector, but it has shown a negative return of 0.45% over the past week, while the Sensex has decreased by only 0.23%. Over the past month, the stock has increased by 20.02%, contrasting sharply with its year-to-date performance, which shows a decline of 23.23%. The stock is trading below its 200-day moving average, despite being higher than its 5-day, 20-day, 50-day, and 100-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 47.28% compared to the 5-day average. The company's return on capital employed (ROCE) stands at 10, indicating a very attractive valuation, but its profits have decreased by 22% over the past year, contributing to the stock's underperformance.In the broader market context, Allcargo Terminals Ltd has underperformed significantly compared to the benchmark, with a staggering decline of 43.03% over the past year, while the BSE 500 has generated positive returns of 8.09%. This stark contrast highlights the company's weak long-term fundamental strength, characterized by a -11.28% compound annual growth rate in operating profits over the last five years and a high debt-to-EBITDA ratio of 3.31 times, which raises concerns about its ability to service debt. Furthermore, the company's profit after tax for the quarter has fallen dramatically by 115.8% compared to the previous four-quarter average, indicating ongoing financial struggles. Overall, these factors contribute to a negative sentiment surrounding the stock, leading to its current price decline.
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