Why is Capri Global falling/rising?
As of 11-Aug, Capri Global Capital Ltd's stock price is 183.30, up 1.05% today but down 3.58% over the past week and 1.90% year-to-date. Despite strong long-term fundamentals, the stock is considered expensive and has underperformed compared to the broader market, with a significant drop in investor participation.
As of 11-Aug, Capri Global Capital Ltd's stock price is currently at 183.30, reflecting an increase of 1.9 or 1.05%. Today's performance indicates that the stock has outperformed its sector by 0.36%. However, the stock has shown a decline of 3.58% over the past week and a year-to-date decrease of 1.90%. Despite this, the company has demonstrated strong long-term fundamental strength, with a compound annual growth rate (CAGR) of 33.72% in operating profits and a significant growth in net sales at an annual rate of 37.60%. The company has also reported positive results for the last ten consecutive quarters, with a notable increase in net profit of 130.98%. However, the stock is considered expensive with a return on equity (ROE) of 11.1 and a price-to-book value of 4.1, which may deter some investors.In the broader market context, while the Sensex has shown a slight decline of 0.51% over the past week, Capri Global's performance has been notably worse, indicating a relative underperformance. The stock's negative return of 11.96% over the past year contrasts sharply with the Sensex's positive return of 1.13%, highlighting its struggles in the market. Additionally, a significant drop in investor participation, with delivery volume falling by 56.75% against the five-day average, suggests waning interest among retail investors. Despite high institutional holdings, which have increased by 9.74%, the overall market sentiment appears cautious, contributing to the stock's fluctuating performance.
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