Why is Bharat Road falling/rising?
As of 29-Sep, Bharat Road Network Ltd's stock price is rising to Rs 22.82, up 11.59% after five days of decline, with a one-month return of 18.85%. Despite a year-to-date drop of 50.10%, positive quarterly results and an attractive valuation may be attracting investor interest, although challenges like high debt and weak long-term growth remain.
As of 29-Sep, Bharat Road Network Ltd's stock price is rising, currently at Rs 22.82, reflecting an increase of Rs 2.37 or 11.59%. The stock has shown a positive trend today, gaining after five consecutive days of decline, and has outperformed its sector by 12.23%. It reached an intraday high of Rs 24.54, indicating significant volatility with a wide trading range of Rs 3.89. Over the past week, the stock has increased by 5.21%, while its one-month return stands at 18.85%. Despite a year-to-date decline of 50.10%, the company has reported positive results for the last three consecutive quarters, with substantial growth in profit before tax and profit after tax, contributing to its attractive valuation compared to peers.In the broader market context, the stock's short-term performance contrasts sharply with the benchmark Sensex, which has declined by 2.18% over the past week. While the stock has faced significant underperformance over the last year, with a return of -51.58% compared to the Sensex's -6.08%, its recent positive financial results and attractive valuation may be driving renewed investor interest. However, the company also faces challenges, including high debt levels and weak long-term growth prospects, which may temper enthusiasm among investors.
{{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
