Why is Carraro India falling/rising?

Sep 24 2025 12:15 AM IST
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As of 23-Sep, Carraro India Ltd's stock price is 469.15, having increased slightly by 0.12%. Despite recent gains and strong fundamentals, the stock has underperformed its sector today and experienced a significant drop in investor participation.
As of 23-Sep, Carraro India Ltd's stock price is currently at 469.15, reflecting a slight increase of 0.55, or 0.12%. The stock has shown a positive trend recently, gaining 5.65% over the last four days and outperforming the Sensex in the past week with a return of 5.12% compared to the benchmark's decline of 0.34%. However, the stock has underperformed its sector today by 0.38%, and there has been a significant drop in investor participation, with delivery volume falling by 80.01% against the 5-day average. Despite these challenges, the company's strong fundamentals, such as a low Debt to EBITDA ratio of 0.95 times and an impressive annual operating profit growth rate of 53.98%, contribute positively to its recent performance.

Broader Market Context: In the context of the broader market, Carraro India's recent short-term performance contrasts with the Sensex, which has gained 0.98% over the past month while Carraro has risen 9.61%. This indicates that while the stock is performing well relative to the benchmark in the short term, it has struggled year-to-date with a decline of 26.37% compared to the Sensex's increase of 5.07%. The stock's high institutional holdings at 20.31% suggest that knowledgeable investors are confident in the company's fundamentals, which may provide some stability amidst the broader market fluctuations.
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