Why is Borosil Renew. falling/rising?
As of 04-Jul, Borosil Renewables Ltd is priced at 496.00, down 0.46%, and has underperformed its sector with a 10.76% year-to-date decline. The stock's weak fundamentals and significant drop in investor participation indicate low profitability and a challenging outlook.
As of 04-Jul, Borosil Renewables Ltd is currently priced at 496.00, reflecting a decrease of 2.3, or 0.46%. The stock has underperformed its sector by 1.59% today and has been on a downward trend for the last two days, accumulating a total decline of 0.72%. Over the past week, the stock has dropped 6.11%, while it has seen a more significant decline of 10.76% year-to-date. The stock's performance is further compounded by a weak long-term fundamental outlook, evidenced by a staggering -193.46% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 2.73 times, indicating low profitability and a challenging ability to service debt.In the broader market context, the Sensex has shown a slight decline of 0.74% over the past week, contrasting with Borosil's more pronounced drop. While the stock has consistently underperformed against the benchmark over the last three years, it has also generated negative returns of -3.51% in the last year, further highlighting its struggles. The significant drop in investor participation, with delivery volume falling by 44.95% against the five-day average, suggests a lack of confidence among investors, which is likely contributing to the stock's recent decline.
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