Why is Bhatia Communic. falling/rising?
As of 19-Sep, Bhatia Communications & Retail (India) Ltd's stock price is declining at 26.64, down 1.88%, with a year-to-date return of -9.08% and a significant underperformance of -19.86% over the past year. Despite long-term growth potential, recent negative trends and high debt levels have diminished investor confidence.
As of 19-Sep, Bhatia Communications & Retail (India) Ltd is experiencing a decline in its stock price, currently at 26.64, reflecting a decrease of 0.51 or 1.88%. The stock has underperformed its sector by 1.42% today and has been on a consecutive downward trend for the past three days, resulting in a total decline of 2.92% during this period. Additionally, the stock's performance over the past week shows a loss of 3.51%, while it has gained 5.34% over the past month. Despite a long-term growth in net sales and operating profit, the stock's year-to-date return is down 9.08%, and it has significantly underperformed the market over the last year with a return of -19.86%. The company’s high Debt to EBITDA ratio of -1.00 times and low Return on Capital Employed of 5.51% indicate challenges in servicing debt and profitability, contributing to the stock's recent decline.In the broader market context, the Sensex has shown a positive return of 0.88% over the past week and 1.20% over the past month, contrasting with Bhatia Communications' negative performance. The stock's liquidity appears adequate, but a significant drop in delivery volume by 45.07% against the 5-day average suggests waning investor interest. While the company has a healthy long-term growth outlook, the recent flat results and inability to keep pace with market performance have led to a lack of confidence among investors, further exacerbating the stock's decline.
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