Why is Banaras Beads falling/rising?
As of 20-Aug, Banaras Beads Ltd is currently priced at 108.55, reflecting a recent gain of 8.06% over the past week, despite a mixed long-term outlook with a ROCE of 3.7 and a PEG ratio of 2. The stock has outperformed the BSE500 index but is down 12.46% year-to-date, indicating potential challenges ahead due to weak sales growth.
As of 20-Aug, Banaras Beads Ltd is experiencing a price increase, currently at 108.55, reflecting a rise of 0.95 or 0.88%. The stock has shown strong performance recently, gaining 8.06% over the past week and outperforming its sector by 1.08% today. It has been on a consecutive gain streak for four days, and there has been a notable increase in investor participation, with delivery volume rising by 43.82% compared to the 5-day average. Despite this positive momentum, the stock has a mixed long-term outlook, with a return on capital employed (ROCE) of 3.7 and a PEG ratio of 2, indicating attractive valuation but also highlighting concerns about its long-term growth potential.In the broader market context, while Banaras Beads has outperformed the BSE500 index, which has seen negative returns of -1.20% over the past year, the stock's year-to-date performance is down by 12.46%, contrasting with the Sensex's gain of 4.76%. This suggests that while the stock has recently gained traction, its longer-term performance remains under pressure, particularly due to weak sales growth and flat results reported in June. The stock's current trading at a discount compared to its peers may provide some support, but the overall weak long-term fundamentals could weigh on future performance.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
