Why is Apex Frozen Food falling/rising?

Jul 10 2025 10:23 PM IST
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As of 10-Jul, Apex Frozen Foods Ltd's stock price is Rs 242.05, down 3.01%, and has underperformed its sector. Despite recent positive quarterly results, long-term growth concerns and lack of investor confidence contribute to its decline.
As of 10-Jul, Apex Frozen Foods Ltd is experiencing a decline in its stock price, currently at Rs 242.05, which represents a decrease of Rs 7.5 or 3.01%. Today's price summary indicates that the stock has underperformed its sector by 5.28% and has fallen after two consecutive days of gains, reaching an intraday low of Rs 242.05. Over the past week, the stock has decreased by 3.51%, while it has shown a modest increase of 6.05% over the past month. Despite reporting positive quarterly results after five consecutive negative quarters, including significant growth in profit before tax and net sales, the stock's long-term growth remains concerning, with net sales declining at an annual rate of -0.33% over the last five years.

In the broader market context, the Sensex has remained relatively stable, with a slight decrease of 0.06% over the past week, contrasting with Apex Frozen Foods' more significant decline. The stock's performance year-to-date shows a drop of 11.45%, while the Sensex has gained 6.46% in the same period. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the company's valuation or business prospects, further contributing to the stock's downward pressure. Overall, while the recent quarterly results are positive, the stock's long-term growth challenges and poor investor participation are key factors in its current price decline.
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