Why is Apex Frozen Food falling/rising?

Jul 24 2025 10:44 PM IST
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As of 24-Jul, Apex Frozen Foods Ltd is priced at 243.50, down 0.94%. The stock has underperformed significantly, with a yearly return of -21.89% and declining sales and profits, indicating poor long-term growth prospects.
As of 24-Jul, Apex Frozen Foods Ltd is currently priced at 243.50, reflecting a decrease of 2.3, or 0.94%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.64% during this period. In terms of returns, the stock has decreased by 1.02% over the past week and has significantly underperformed the market over the last year, with a return of -21.89% compared to the Sensex's gain of 2.54%. Despite a recent rise in investor participation, indicated by a 9.42% increase in delivery volume, the stock's long-term growth prospects appear poor, with net sales declining at an annual rate of -0.33% over the last five years and operating profit down by -32.90%.

Broader Market Context: In the context of the broader market, Apex Frozen Foods has not only underperformed the Sensex in the last year but also in the short term, with a weekly decline of 1.02% compared to the benchmark's slight decrease of 0.09%. This underperformance is compounded by the lack of domestic mutual fund investment, which may indicate a lack of confidence in the stock's valuation or business prospects. Although the company reported positive results in March 2025 after five consecutive negative quarters, the significant drop in profits by 73.5% over the past year raises concerns about its sustainability and future growth, contributing to the stock's current downward trend.
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