Why is Barbeque-Nation falling/rising?
As of 15-Sep, Barbeque-Nation Hospitality Ltd's stock price is Rs 251.65, down 1.28%, and close to its 52-week low. The company faces significant financial challenges, including a 181.7% drop in profits and weak fundamentals, leading to consistent underperformance against the market.
As of 15-Sep, Barbeque-Nation Hospitality Ltd is experiencing a decline in its stock price, currently at Rs 251.65, which reflects a decrease of Rs 3.25 or 1.28%. The stock is trading close to its 52-week low, just 2.09% away from Rs 246.4, and has underperformed its sector by 1.36% today. Over the past week, the stock has seen a return of -1.20%, and it has significantly underperformed the benchmark Sensex over various periods, including a staggering -59.88% return in the last year. The company's fundamentals are weak, with a low Return on Capital Employed (ROCE) of 3.2 and a high Debt to EBITDA ratio of 4.20, indicating challenges in servicing debt. Additionally, the company's profits have plummeted by 181.7%, further contributing to negative sentiment around the stock.In the broader market context, while the Sensex has gained 1.24% over the past week, Barbeque-Nation's performance has been notably poor, highlighting a consistent underperformance against the benchmark over the last three years. The stock's liquidity appears adequate, with a delivery volume increase of 1.1% against the 5-day average, but this does not offset the negative outlook stemming from its financial results, including a significant loss reported in the latest quarter. High institutional holdings at 30.07% suggest that knowledgeable investors are closely monitoring the company's fundamentals, which may further influence market sentiment negatively given the weak financial performance.
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