Why is BSE falling/rising?
As of 01-Aug, BSE Ltd's stock price is at 0.00, indicating a drastic decline of -100.0%. Despite strong long-term fundamentals and high institutional backing, the stock's current valuation appears excessive, leading to negative investor sentiment and decreased trading activity.
As of 01-Aug, BSE Ltd's stock price is currently at 0.00, reflecting a significant decline of -2427.4, or -100.0%. The stock has experienced a falling investor participation, with a delivery volume of 6.25 lacs on July 31, which has decreased by -10.13% compared to the 5-day average delivery volume. Although the stock is considered liquid enough for a trade size of Rs 14.24 crore, the lack of recent price movement suggests a negative sentiment among investors. Despite strong long-term fundamentals, including an impressive 83.99% CAGR growth in operating profits and consistent positive results over the last nine quarters, the stock's current valuation appears very expensive, with a Price to Book Value of 22.1.In the broader market context, there is no available data to compare the stock's short-term return to a benchmark. However, it is noteworthy that while the stock has generated a return of 0.00% over the past year, its profits have surged by 207.1%, indicating a disconnect between the stock's performance and its underlying financial health. The high institutional holdings at 37.03% suggest that knowledgeable investors are backing the company, yet the stock's current price movement reflects market skepticism, possibly due to its high valuation relative to peers and the recent drop in trading activity.
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