Why is AVI Products falling/rising?
As of 08-Jul, AVI Products India Ltd is priced at 20.25 with no change, reflecting weak performance and declining investor participation. The stock has underperformed significantly against benchmarks, showing negative returns and poor long-term fundamentals.
As of 08-Jul, AVI Products India Ltd is currently priced at 20.25, showing no change (0.00%). The stock has underperformed in the short term, with a 1-week return of -1.12% and a 1-month return of -1.22%. Today's trading performance indicates that the stock outperformed its sector by 0.69%, but it has exhibited erratic trading patterns, not trading on one day out of the last 20 days. Additionally, the stock's delivery volume has significantly decreased by 91.67% compared to the 5-day average, indicating falling investor participation. The company has shown weak long-term fundamental strength, with a -8.25% CAGR growth in operating profits over the last five years, and a poor EBIT to interest ratio of 0.07, which further contributes to its negative outlook.In the broader market context, the stock's performance has been consistently below that of the benchmark, with a year-to-date return of -25.80% compared to the Sensex's gain of 7.13%. Over the past three years, the stock has underperformed the BSE500, generating negative returns while the benchmark has seen significant growth. This consistent underperformance, coupled with negative operating profits and low profitability per unit of shareholders' funds, suggests that the stock is trading at risky valuations, further explaining its decline in investor confidence and participation.
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