Why is Aurum Proptech falling/rising?
As of 11-Sep, Aurum Proptech Ltd's stock price is 174.85, up 2.07% today, but it has underperformed over the past week, month, and year. The company's financial health is concerning due to high debt, reported losses, and declining sales, leading to a negative long-term outlook.
As of 11-Sep, Aurum Proptech Ltd's stock price is currently at 174.85, reflecting an increase of 3.55, or 2.07%. Today, the stock has shown a positive trend by outperforming its sector by 2.41% and has gained after two consecutive days of decline. It opened with a significant gap up of 6.25% and reached an intraday high of Rs 182. However, despite this short-term gain, the stock has underperformed over the past week, month, and year, with returns of -0.43%, -2.75%, and -22.80% respectively. The company's financial health is concerning, with a high Debt to EBITDA ratio of 23.38 times and reported losses, leading to a negative return on equity. Additionally, the company has shown poor long-term growth, with net sales declining at an annual rate of -20.75% over the last five years.In the broader market context, while the Sensex has gained 1.03% over the past week, Aurum Proptech's recent performance indicates a struggle to keep pace with the benchmark. The stock's liquidity appears adequate for trading, but the lack of domestic mutual fund investment suggests a lack of confidence in the company's prospects. The negative operating profits and the high dividend yield of 0 further highlight the risks associated with this stock. Overall, while there is a short-term uptick in price, the long-term outlook remains bleak, contributing to a cautious sentiment among investors.
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