Why is Amit Securities falling/rising?

Nov 17 2025 11:33 PM IST
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As of 17-Nov, Amit Securities Ltd's stock price is declining at 56.03, down 1.99%, and has underperformed its sector by 2.25%. The stock has shown weak fundamentals and significant volatility, leading to a total decline of 7.74% over the past week, contrasting with the positive performance of the broader market.
As of 17-Nov, Amit Securities Ltd is experiencing a decline in its stock price, currently at 56.03, which reflects a decrease of 1.14 or 1.99%. The stock has underperformed its sector by 2.25% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 7.74% over the past week. Additionally, the stock has shown erratic trading patterns, with no price movement on one day out of the last 20 days, and it has consistently traded at the opening price of 56.03 without any fluctuations. The company's weak long-term fundamental strength is highlighted by a low Return on Capital Employed (ROCE) of 0.03% and a poor EBIT to Interest ratio of -0.03, indicating challenges in servicing its debt. Furthermore, the stock's valuation appears expensive with a Price to Book Value of 2.9, and its recent financial performance has been disappointing, with the lowest quarterly earnings reported.

In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark Sensex, which has gained 1.69% over the past week while Amit Securities has fallen by 7.74%. Although the stock has shown a positive return of 28.69% over the past month, the recent downturn suggests a lack of investor confidence, exacerbated by a 57.3% drop in delivery volume compared to the 5-day average. The overall market sentiment appears to be more favorable, as indicated by the Sensex's positive performance, contrasting sharply with the struggles faced by Amit Securities.
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