Why is C J Gelatine falling/rising?
As of 28-Jul, C J Gelatine Products Ltd is currently priced at 18.00, reflecting a recent upward trend despite a negative year-to-date return of -31.25% and long-term underperformance. The stock's short-term gains are overshadowed by significant challenges, including high debt and declining profits.
As of 28-Jul, C J Gelatine Products Ltd is experiencing a price increase, currently at 18.00, reflecting a change of 0.14 or 0.78% upward. The stock has shown a strong performance recently, gaining 5.82% over the last two days and outperforming its sector by 1.47%. In the past week, it has risen by 7.08%, while over the past month, it has increased by 11.11%. However, despite these short-term gains, the stock has a negative year-to-date return of -31.25% and has underperformed significantly over the past three years, with a decline of -9.77%. The company has a return on capital employed (ROCE) of 5.1, indicating an attractive valuation, but it also faces challenges such as a high debt-to-equity ratio and a significant drop in profits of -82% over the past year.In the broader market context, the Sensex has declined by 1.59% over the past week and 3.77% over the past month, suggesting that the stock's recent gains are occurring in a generally unfavorable market environment. While C J Gelatine's short-term performance is positive compared to the benchmark, its long-term outlook remains concerning due to consistent underperformance against the BSE500 and a poor growth trajectory, with operating profit declining at an annual rate of -7.67% over the last five years. This combination of short-term gains amidst long-term challenges indicates that while the stock may be rising currently, it faces significant headwinds that could impact its future performance.
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