Why is Arfin India falling/rising?
As of 08-Jul, Arfin India Ltd's stock price is at 25.50, down 1.35%, with significant declines in investor participation and performance metrics. The stock has underperformed its sector and the broader market, facing challenges from high debt levels and weak profitability.
As of 08-Jul, Arfin India Ltd's stock price is currently at 25.50, reflecting a decrease of 0.35, or 1.35%. The stock has underperformed its sector by 1.12% today, and its delivery volume has significantly dropped by 68.97% compared to the 5-day average, indicating a decline in investor participation. Over the past week, the stock has shown a modest gain of 1.27%, but it has experienced a substantial decline of 6.70% over the past month and a staggering 39.39% over the last year. Despite a healthy long-term growth rate in operating profit of 42.08%, the company faces challenges with a high Debt to EBITDA ratio of 4.50 times, which suggests a low ability to service its debt. Additionally, the stock's recent performance has been hindered by flat quarterly results, including an 80% drop in PAT compared to the previous four-quarter average.In the broader market context, while the Sensex has shown a slight increase of 0.02% over the past week, Arfin India has lagged behind with its recent performance. The stock's year-to-date return of -28.21% starkly contrasts with the Sensex's gain of 7.13%, reflecting a broader trend of underperformance against market benchmarks. This underperformance is compounded by the company's low return on equity of 8.76%, indicating weak profitability relative to shareholder funds. Overall, the combination of declining investor interest, poor financial metrics, and significant underperformance compared to the benchmark suggests that the stock is facing considerable headwinds, contributing to its recent price decline.
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