Why is Black Box falling/rising?
As of 02-Jul, Black Box Ltd's stock is priced at 538.00, down 1.28% and underperforming its sector. Despite a strong long-term return of 43.54% over the past year, recent declines and low mutual fund investment suggest investor caution regarding its growth potential.
As of 02-Jul, Black Box Ltd's stock is currently priced at 538.00, reflecting a decrease of 7.0 points or 1.28%. Today's price summary indicates that the stock has underperformed its sector by 1.42% and has experienced a trend reversal after three consecutive days of gains, reaching an intraday low of Rs 522.2. Despite this decline, the stock has shown strong performance over the long term, with a 43.54% return over the past year and a remarkable 267.36% increase over the last three years. However, the company has faced challenges, such as a low annual growth rate in net sales and operating profit over the past five years, which may contribute to investor caution. Additionally, while the stock has a strong ability to service debt and has declared positive results for nine consecutive quarters, the relatively low stake held by domestic mutual funds could indicate a lack of confidence at current price levels.In the broader market context, Black Box's short-term return of 5.55% over the past week significantly outpaces the Sensex's return of 0.79% during the same period. However, the stock's performance over the last month shows a decline of 2.16%, contrasting with the Sensex's gain of 2.50%. This mixed performance suggests that while Black Box has been strong in the short term, its recent price drop may be influenced by broader market sentiments and investor perceptions regarding its long-term growth potential.
{{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
