Why is Bharat Parenter. falling/rising?
As of 12-Sep, Bharat Parenterals Ltd's stock price is Rs 1,352.00, down 3.01%, and has underperformed its sector. Despite a recent positive quarterly report, the long-term outlook is weak due to significant declines in operating profits and low return on equity.
As of 12-Sep, Bharat Parenterals Ltd is experiencing a decline in its stock price, currently at Rs 1,352.00, reflecting a decrease of Rs 42.0 or 3.01%. The stock has underperformed its sector by 3.3% today and has been on a consecutive downward trend for the last two days, with a total decline of 4.11%. The stock reached an intraday low of Rs 1,320.1, indicating a significant drop of 5.3%. Over the past week, the stock has decreased by 1.39%, and its performance over the last month shows a decline of 6.44%. Despite a recent positive quarterly report showing a 543% growth in PAT and improvements in operating profit ratios, the long-term outlook remains weak due to a -198.31% CAGR growth in operating profits over the last five years and a return on equity averaging only 8.64%, which suggests low profitability.In the broader market context, the stock's performance has been notably weaker than the benchmark, with a one-year return of -14.25% compared to the Sensex's decline of only -1.28%. This underperformance is further highlighted by the fact that domestic mutual funds hold no stake in the company, indicating a lack of confidence in its valuation or business prospects. The stock's liquidity appears adequate for trading, but the overall sentiment remains cautious due to its negative operating profits and significant profit declines over the past year.
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