Why is Antarctica falling/rising?
As of 17-Sep, Antarctica Ltd's stock price is at 1.12, showing a short-term increase but a significant long-term decline of 46.67%. Despite strong recent financial results, concerns about weak fundamentals and historical losses may affect investor sentiment.
As of 17-Sep, Antarctica Ltd's stock price is currently at 1.12, reflecting an increase of 0.01 or 0.9%. The stock has shown a positive performance today, outperforming its sector by 1.46%. Additionally, the stock's delivery volume has significantly increased, rising by 119.68% compared to the 5-day average. Despite a year-to-date decline of 21.13% and a one-year drop of 46.67%, the company has reported strong financial results, including a net profit growth of 13.85% and a remarkable increase in net sales by 3,265.71% over the latest six months. However, the stock's long-term fundamentals are weak, with a low average return on capital employed (ROCE) of 0.77% and a poor EBIT to interest ratio of 0.17, which raises concerns about its ability to service debt.In the broader market context, Antarctica Ltd's short-term return of +2.75% over the past week has outperformed the Sensex, which increased by 1.43% during the same period. However, the stock's long-term performance remains concerning, as it has underperformed the benchmark over the last year and three years, with a significant decline of 46.67%. While the company has shown positive growth in profits and sales, the overall weak long-term fundamentals and substantial historical losses may continue to weigh on investor sentiment, despite the recent uptick in stock price.
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