Why is Arigato Universe falling/rising?
As of 24-Jul, Arigato Universe Ltd's stock price is flat at 48.57, with no change in percentage terms (0.00%). The stock has shown short-term resilience with a 4.03% weekly gain, but it has significantly underperformed long-term, with a year-to-date return of -38.52% and negative investor sentiment reflected in a sharp decline in delivery volume.
As of 24-Jul, Arigato Universe Ltd's stock price is flat at 48.57, with no change in percentage terms (0.00%). The stock has outperformed its sector by 3.42% today, despite the refractories sector experiencing a decline of 2.3%. Over the past week, the stock has shown a positive return of 4.03%, although it has significantly underperformed over the longer term, with a 1-month return of -16.58% and a year-to-date return of -38.52%. The company is facing challenges, including operating losses and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.88. Additionally, the stock has reported negative returns of -40.03% over the past year, which reflects a substantial decline in profitability.In the broader market context, the Sensex has shown a slight decline of 0.09% over the past week, while Arigato Universe's stock has managed to rise, indicating some resilience in the short term. However, the stock's long-term performance is concerning, as it has underperformed the market significantly, with the BSE500 generating a return of 0.99% over the last year compared to Arigato's -40.03%. The falling investor participation, with a delivery volume that has decreased by 82.67% against the 5-day average, further suggests a lack of confidence among investors, contributing to the stock's overall weak performance.
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