Why is Apollo Sindoori falling/rising?
As of 04-September, Apollo Sindoori Hotels Ltd is currently priced at 1,425.30, reflecting a short-term gain but a significant year-over-year decline of 19.03%. Despite strong recent financial performance and low debt, the stock has underperformed compared to the broader market over the past year.
As of 04-September, Apollo Sindoori Hotels Ltd is experiencing a price increase, currently at 1,425.30, reflecting a rise of 35.8 points or 2.58%. The stock has outperformed its sector today by 2.63%, and its performance over the past week shows a gain of 4.88%, while the one-month return is positive at 2.30%. However, despite these short-term gains, the stock has underperformed significantly over the year, with a decline of 19.03%. The company maintains a low debt-to-equity ratio and has shown healthy long-term growth, with operating profit increasing at an annual rate of 32.23%. Additionally, the profit after tax for the most recent quarter has surged by 104.4% compared to the previous four-quarter average, indicating strong financial performance. In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has only increased by 0.95% over the past week. While the stock has shown positive short-term returns, it has lagged behind the market over the past year, where the BSE500 index has declined by 4.38%. This underperformance is notable given the company's relatively fair valuation compared to peers, despite a low return on equity of 9.34%, which suggests inefficiencies in management. Overall, while the stock is currently rising, its longer-term trajectory remains concerning due to significant past declines and underperformance relative to the broader market.
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