Why is Century Extrus. falling/rising?
As of 22-Aug, Century Extrusions Ltd's stock price is flat at 22.50, with a recent 1-month decline of 5.02% and a year-to-date drop of 7.90%. Despite these short-term challenges, the company demonstrates strong management efficiency and potential for recovery, supported by positive financial results and reduced raw material costs.
As of 22-Aug, Century Extrusions Ltd's stock price is currently flat at 22.50, with no change (0.00%). The stock has outperformed its sector by 0.61% today, and its delivery volume has increased by 39.18% compared to the 5-day average, indicating rising investor participation. Despite a recent 1-month decline of 5.02% and a year-to-date drop of 7.90%, the company has shown strong management efficiency with a high return on capital employed (ROCE) of 16.78%. Positive financial results over the last three quarters, a significant reduction in raw material costs, and an attractive valuation compared to peers suggest underlying strength, even as the stock has generated a negative return of -24.65% over the past year.In the broader market context, Century Extrusions Ltd's recent performance contrasts with the Sensex, which has increased by 0.88% over the past week. While the stock has shown a strong return of 63.87% over the last three years, it has lagged behind the benchmark in the short term, with a 1-month decline compared to the Sensex's smaller drop of 1.07%. This indicates that while the stock has potential for recovery, it is currently facing challenges in the short term relative to the broader market.
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