Why is Borosil Scienti. falling/rising?
As of 01-Jul, Borosil Scientific Ltd's stock price is Rs 162.10, down -0.83%. The stock has underperformed significantly, with a -27.62% return over the past year, low ROE of 8.46%, and declining investor participation, indicating poor management efficiency and market confidence.
As of 01-Jul, Borosil Scientific Ltd's stock price is currently at Rs 162.10, reflecting a decline of -1.35 (-0.83%). The stock has been underperforming, having lost -1.7% over the last two days and underperformed its sector by -5.65% today. Despite touching an intraday high of Rs 167.05, the stock's performance over the past week shows a modest gain of +0.68%, but it has significantly lagged behind the Sensex, which increased by +2.00% in the same period. Additionally, the company has a low Return on Equity (ROE) of 8.46%, indicating poor management efficiency and profitability, which, combined with a high Price to Book Value ratio of 3.6, suggests an expensive valuation. The stock has also underperformed the market over the last year, with a return of -27.62% compared to the BSE500's +3.20%.In the broader market context, while the Sensex has shown positive momentum with a +2.76% increase over the past month, Borosil Scientific Ltd's stock has only managed a +16.41% gain in the same timeframe, indicating a significant underperformance relative to the benchmark. The glass sector has seen a rise of +4.82%, yet Borosil's declining investor participation, with a -79.12% drop in delivery volume, raises concerns about liquidity and investor confidence. The company's stagnant growth in net sales and operating profit over the last five years further exacerbates the situation, suggesting that the stock's recent decline is influenced by both internal inefficiencies and a lack of market support.
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