Why is Apoorva Leasing falling/rising?
As of 11-Jul, Apoorva Leasing Finance & Investment Co Ltd's stock price is Rs 35.49, down 4.08%, and has underperformed its sector. Despite recent short-term gains, the stock has a year-to-date decline of 34.48% due to weak financial indicators and challenges in growth prospects.
As of 11-Jul, Apoorva Leasing Finance & Investment Co Ltd is experiencing a decline in its stock price, currently at Rs 35.49, reflecting a decrease of Rs 1.51 or 4.08%. The stock has underperformed its sector by 3.16% today and has shown erratic trading patterns, not trading on one day out of the last twenty. The stock's performance over the past week and month has been positive, with increases of 3.62% and 3.71%, respectively. However, year-to-date, it has significantly underperformed with a decline of 34.48%. The company is facing challenges such as operating losses and weak long-term fundamental strength, with net sales decreasing at an annual rate of 43.93% and operating profit declining by 35.45%. The stock is trading at a premium compared to its peers, which, combined with a low return on equity and falling investor participation, contributes to its current negative price movement.In the broader market context, the Sensex has shown a slight decline of 1.12% over the past week, while Apoorva Leasing's stock has increased during the same period, indicating a divergence from the benchmark. Despite this short-term outperformance, the stock's year-to-date performance remains significantly worse than the Sensex, which has gained 5.58% in the same timeframe. The overall weak financial indicators and the company's poor growth prospects suggest that the stock's recent rise is not sustainable, leading to its current downward trend.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
