Why is Bloom Industries falling/rising?
As of 03-Jul, Bloom Industries Ltd is priced at 38.00, down 2.04% today and underperforming its sector. Despite a strong annual return of 61.70%, concerns about long-term growth persist due to declining profits and weak financial fundamentals.
As of 03-Jul, Bloom Industries Ltd is currently priced at 38.00, reflecting a decline of 0.79, or 2.04%. The stock has underperformed its sector today by 3.93%, despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a return of 4.77%, and over the past month, it has increased by 17.28%. However, the stock's performance year-to-date is down by 4.62%. Additionally, the company has experienced a significant drop in investor participation, with delivery volume falling by 71.34% compared to the 5-day average. While the stock has generated a remarkable return of 61.70% over the past year, its profits have decreased by 8%, indicating potential concerns about its long-term growth prospects.In the broader market context, the Sensex has shown a decline of 0.62% over the past week, while Bloom Industries has outperformed the benchmark during this period. However, the stock's year-to-date performance is lagging behind the Sensex, which has gained 6.53%. The company's weak long-term fundamental strength, highlighted by a low average Return on Capital Employed (ROCE) of 4.13% and a poor EBIT to Interest ratio of 0.65, raises concerns about its ability to service debt. Furthermore, flat results in recent financials, with net sales declining by 38.11%, contribute to the negative sentiment surrounding the stock, despite its historical valuation being attractive compared to peers.
{{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
