Why is Bayer CropSci. falling/rising?
As of 06-Nov, Bayer CropScience Ltd's stock price is Rs 4,754.70, down 1.68% and has underperformed significantly with a year-to-date return of -14.39%. The stock is in a bearish trend, trading below moving averages, and has seen declining investor participation and poor long-term growth prospects.
As of 06-Nov, Bayer CropScience Ltd's stock price is currently at Rs 4,754.70, reflecting a decline of Rs 81.4 or 1.68%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decrease of 3.3% over the past week. It has also touched an intraday low of Rs 4,730, which represents a 2.19% drop. In terms of performance against benchmarks, Bayer has seen a significant decline, with a year-to-date return of -14.39% and a one-year return of -28.33%, both of which are considerably worse than the Sensex's positive returns. The stock is trading below all its moving averages, indicating a bearish trend, and there has been a decrease in investor participation, with delivery volume falling by 4.65% compared to the five-day average.In the broader market context, Bayer's short-term performance is notably worse than the Sensex, which has seen a decline of only 1.30% over the past week. The company's long-term growth prospects appear poor, with an annual operating profit decline of 3.98% over the last five years and a significant drop in profits of 11.1% over the past year. Despite having a high return on equity (ROE) of 22.83% and low debt levels, the stock is considered expensive with a price-to-book value of 7.5, and it has underperformed relative to its peers. Overall, the combination of declining performance metrics, poor investor sentiment, and unfavorable comparisons to market benchmarks contributes to the stock's downward trajectory.
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