Why is Campus Activewe. falling/rising?
As of 21-Aug, Campus Activewear Ltd's stock price is declining at 265.15, down 0.32%, and has underperformed its sector. Despite a recent positive weekly return, the stock has significantly dropped over the past month and year-to-date, indicating weak long-term growth prospects and declining investor confidence.
As of 21-Aug, Campus Activewear Ltd is experiencing a decline in its stock price, currently at 265.15, reflecting a decrease of 0.85 or 0.32%. The stock has underperformed its sector today by 0.41% and has been on a consecutive downward trend for the last two days, resulting in a total decline of 1.56% during this period. Over the past week, the stock has shown a positive return of 5.05%, but it has significantly underperformed over the longer term, with a 10.36% drop in the last month and a year-to-date decline of 17.87%. Despite a high management efficiency indicated by a return on capital employed (ROCE) of 19.92% and a low debt to EBITDA ratio of 1.21, the stock's recent performance is hindered by a consistent underperformance against benchmarks and a negative growth trend in operating profit over the past five years.In the broader market context, while the Sensex has increased by 1.74% over the past week, Campus Activewear's short-term performance has been notably weaker, indicating a lack of investor confidence. The stock's liquidity remains adequate, but a significant drop in delivery volume by 47.26% against the five-day average suggests declining investor participation. Additionally, despite a recent increase in institutional investor stakes, the stock's long-term growth prospects appear poor, as evidenced by negative quarterly results and a history of underperformance against the BSE500. This combination of factors contributes to the stock's current downward trajectory.
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