Why is Camex falling/rising?

Aug 01 2025 10:02 PM IST
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As of 01-Aug, Camex Ltd's stock price is Rs 39.01, down 4.15%, with significant volatility and a year-to-date decline of 35.89%. The stock has underperformed its sector and benchmark, reflecting weak financial fundamentals and declining investor interest.
As of 01-Aug, Camex Ltd's stock price is currently at Rs 39.01, reflecting a decrease of Rs 1.69 or 4.15%. The stock has underperformed its sector today by 5.53% and has experienced a trend reversal, falling after two consecutive days of gains. The stock touched an intraday high of Rs 41.99 but also reached a low of Rs 39, indicating significant volatility. Over the past week, the stock has declined by 2.48%, and its year-to-date performance shows a substantial drop of 35.89%. Despite having an attractive valuation with a Price to Book Value of 0.9 and a Return on Equity (ROE) of 4.6, the stock's profits have fallen by 43.4% over the past year, contributing to its negative performance.

In the broader market context, Camex's short-term performance has been notably worse than the benchmark, with a 1-month decline of 9.07% compared to the Sensex's 3.70% drop. The stock's long-term fundamentals are weak, evidenced by a low Return on Capital Employed (ROCE) of 5.01% and poor growth rates in net sales and operating profit over the last five years. Additionally, the company's ability to service its debt is compromised, as indicated by a low EBIT to Interest ratio of 1.82. Overall, the combination of weak financial performance, declining investor participation, and underperformance relative to the market has led to the stock's current downward trend.
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