Why is Antarctica falling/rising?
As of 15-Sep, Antarctica Ltd's stock price is 1.06, down 0.93%, and has significantly underperformed its sector and the broader market. Despite recent profit growth, the stock's long-term performance is weak, with substantial declines over the past year and challenges in debt servicing.
As of 15-Sep, Antarctica Ltd's stock price is currently at 1.06, reflecting a decrease of 0.01, or 0.93%. The stock has underperformed its sector today by 1.41%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 3.64%, and it has seen a significant drop of 49.52% over the past year. Despite a notable growth in net profit of 13.85% and positive results over the last three consecutive quarters, the stock's long-term performance remains weak, with a low average return on capital employed (ROCE) of 0.77% and a poor EBIT to interest ratio of 0.17, indicating challenges in servicing its debt.In the broader market context, Antarctica Ltd's recent performance contrasts sharply with the Sensex, which has increased by 1.20% over the past week and 6.02% year-to-date. The stock's significant underperformance over the last year and its negative returns in both the short and long term highlight its struggles compared to the benchmark. While the company has shown impressive growth in net sales and profitability, the overall sentiment remains cautious due to its weak long-term fundamentals and inability to generate positive returns consistently, leading to a decline in investor confidence.
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