Why is Asian Warehous. falling/rising?
As of 05-Jun, Asian Warehousing Ltd's stock price is Rs 48.27, down 3.44%, and has significantly underperformed its sector and the benchmark Sensex over the past year. The company's weak fundamentals, including declining operating profits and low Return on Equity, contribute to ongoing investor concerns and a negative outlook.
As of 05-Jun, Asian Warehousing Ltd's stock price is currently at Rs 48.27, reflecting a decrease of Rs 1.72 or 3.44%. Today's performance indicates that the stock has underperformed its sector by 3.28%, opening with a loss of 3.98% and reaching an intraday low of Rs 48. The stock has shown a significant decline over the past month, with a 6.45% drop, and a staggering 41.70% decrease over the past year, while the benchmark Sensex has gained 9.49% in the same period. Despite a recent improvement in technical trends, the stock remains below all key moving averages, indicating persistent weakness. Additionally, the company's long-term fundamentals are concerning, with a -30.59% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of 0.85, which suggests challenges in servicing its debt.In the broader market context, Asian Warehousing Ltd's short-term performance has been slightly worse than the benchmark, with a 1-week return of -0.27% compared to the Sensex's -0.23%. This underperformance is compounded by the stock's significant negative returns over the past year, contrasting sharply with the market's positive performance. The company's weak profitability, as indicated by a low Return on Equity of 0.36%, further exacerbates investor concerns, leading to a lack of confidence in its future growth potential. Overall, these factors contribute to the stock's downward trajectory in the current market environment.
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