Why is Befound Movement falling/rising?
As of 03-Jul, Befound Movement Limited is priced at 2.95, down 1.99%, and has significantly underperformed its sector and the broader market. The stock has declined 26.62% over the past month, facing challenges from a negative book value and weak long-term growth despite some positive quarterly results.
As of 03-Jul, Befound Movement Limited is currently priced at 2.95, reflecting a decrease of 0.06 or 1.99%. The stock has underperformed its sector by 1.47% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a decline of 6.05%, and it has experienced a significant drop of 26.62% over the past month. Despite some positive quarterly results, including the highest PBDIT and PAT figures, the company is facing challenges due to a negative book value and weak long-term growth, which have contributed to its overall poor performance.In the broader market context, the Sensex has shown a slight decline of 0.62% over the past week, indicating a relatively stable market environment compared to Befound Movement's sharper decline. The stock's negative returns over the past year, which stand at -26.43%, highlight its underperformance against the BSE500 index over multiple time frames, including the last three years. This underperformance, coupled with a significant drop in profits, suggests that investor sentiment remains cautious, further exacerbated by the company's weak long-term fundamentals and the risks associated with its negative book value.
{{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
