Why is Centrum Capital falling/rising?
As of 01-Jul, Centrum Capital Ltd is currently priced at 34.70, reflecting a recent 2.33% increase and strong short-term performance, but it has weak long-term fundamentals with a 0% ROE and a significant profit decline. The stock's volatility is evident as it has underperformed the market over the past year, raising concerns about the sustainability of its recent gains.
As of 01-Jul, Centrum Capital Ltd is experiencing a price increase, currently at 34.70, reflecting a change of 0.79 or 2.33% upward. The stock has shown strong performance recently, gaining 9.95% over the last three days and outperforming its sector by 2.47% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, despite these positive short-term indicators, the company has a weak long-term fundamental strength, evidenced by an average Return on Equity (ROE) of 0% and a significant decline in profits by 89.1% over the past year. Furthermore, 54.89% of promoter shares are pledged, which could exert downward pressure on the stock in a falling market.In the broader market context, Centrum Capital's short-term return of 11.90% over the past week significantly outpaces the Sensex's return of 2.00% during the same period. However, over the last year, the stock has underperformed the market, generating a return of -10.47% compared to the BSE500's positive return of 3.20%. This contrast highlights the stock's volatility and challenges, particularly in light of its recent gains, which may not be sustainable given its long-term performance issues and the increasing proportion of pledged promoter shares.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
