Why is BIGBLOC Const. falling/rising?

Jun 11 2025 10:09 PM IST
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As of 11-Jun, BIGBLOC Construction Ltd's stock price is Rs 67.13, up 2.5%, but the company faces significant challenges with a high Debt to EBITDA ratio and negative results over the last four quarters, raising concerns about its long-term growth potential. Despite recent short-term gains, its year-to-date performance is down 35.94%, indicating a lack of investor confidence.
As of 11-Jun, BIGBLOC Construction Ltd's stock price is currently at Rs 67.13, reflecting an increase of Rs 1.64, or 2.5%. The stock opened with a gain of 3.8% today and reached an intraday high of Rs 68.25, outperforming its sector by 2.42%. However, despite this short-term positive movement, the company has faced significant challenges, including a high Debt to EBITDA ratio of 3.46 times, indicating a low ability to service its debt. The company has reported negative results for the last four consecutive quarters, with a notable decline in net sales of -4.94%. Additionally, the stock has generated a return of -43.22% over the past year, with profits falling by -68.7%, leading to concerns about its long-term growth potential.

In the broader market context, BIGBLOC's short-term return of +4.83% over the past week has outperformed the Sensex, which has increased by +1.87% during the same period. However, the stock's year-to-date performance remains concerning, with a decline of -35.94% compared to the Sensex's gain of +5.60%. The lack of domestic mutual fund investment, holding only 0% of the company, suggests a lack of confidence in its valuation and business prospects. Overall, while the stock has shown some short-term gains, the underlying financial issues and poor long-term performance continue to weigh heavily on investor sentiment.
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