Why is Almondz Global falling/rising?
As of 04-Jul, Almondz Global Securities Ltd is priced at 23.70, down 1.13% over the last four days, with a total decline of 6.91%. Despite a strong 12.47% return over the past year, decreased delivery volume and weak long-term fundamentals are causing caution among investors.
As of 04-Jul, Almondz Global Securities Ltd is currently priced at 23.70, reflecting a decrease of 0.27, or 1.13%. The stock has been underperforming recently, having fallen consecutively for the last four days, resulting in a total decline of 6.91% during this period. Despite this short-term downturn, the stock has shown positive performance over longer periods, with a 12.47% return over the past year, significantly outpacing the broader market's return of 2.13%. However, the stock's delivery volume has decreased sharply by 83.33% compared to its five-day average, indicating a decline in investor participation. Additionally, while the stock is trading at a premium compared to its peers, it has a relatively weak long-term fundamental strength with an average Return on Equity (ROE) of 8.91%.In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex over the past week and month, achieving returns of 4.59% and 17.91%, respectively, while the Sensex has declined by 0.74% and increased by 3.01%. The recent decline in Almondz Global's stock price may be attributed to a combination of falling investor participation and the stock's consecutive losses, despite positive indicators such as rising promoter confidence and strong quarterly results. The increase in promoter stake by 0.52% suggests a belief in the company's future prospects, yet the overall weak long-term fundamentals may be causing caution among investors, contributing to the stock's current downward trend.
{{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
