Why is Choice Intl. falling/rising?

46 minutes ago
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On 05-Dec, Choice International Ltd’s stock price fell by 1.83% to close at ₹766.45, continuing a six-day losing streak that has seen the share price decline by 5.64% over this period, underperforming both its sector and the broader market benchmarks.




Recent Price Movement and Market Performance


Choice International’s recent price action reflects a notable underperformance relative to both its sector and benchmark indices. Over the past week, the stock has declined by 5.18%, while the Sensex remained virtually flat with a marginal 0.01% gain. Similarly, over the last month, the stock fell 5.29%, whereas the Sensex advanced by 2.70%. This divergence highlights a period of short-term selling pressure on the stock despite broader market gains.


On the day in question, the stock touched an intraday low of ₹760.7, representing a 2.56% drop from previous levels. The weighted average price indicates that a greater volume of shares traded closer to this lower price point, signalling increased selling interest at these levels. Furthermore, the stock’s current price sits above its 200-day moving average but remains below its 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a recent downward momentum within shorter time frames despite a solid long-term trend.


Investor Participation and Liquidity Trends


Investor participation appears to be waning, as evidenced by a significant 46.12% drop in delivery volume on 04 Dec compared to the five-day average. This decline in delivery volume, which stood at 2.4 lakh shares, indicates reduced conviction among investors to hold the stock, potentially contributing to the recent price softness. Despite this, liquidity remains adequate, with the stock’s traded value supporting transactions up to ₹1.41 crore without significant market impact.



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Long-Term Growth and Financial Strength


Despite the recent price decline, Choice International’s long-term fundamentals remain compelling. The company has demonstrated a remarkable compound annual growth rate (CAGR) of 52.10% in operating profits, underpinned by a robust 47.21% annual growth in net sales. These figures underscore the firm’s ability to expand its business and improve profitability consistently over time.


The company’s latest quarterly results for September 2025 further reinforce this strength, with net sales reaching a record ₹274.43 crore and profit after tax (PAT) hitting a high of ₹55.23 crore. Earnings per share (EPS) also peaked at ₹2.69 for the quarter, reflecting operational efficiency and strong bottom-line growth.


Over the past year, Choice International has delivered a 39.80% return, significantly outperforming the Sensex’s 4.83% gain. Its three-year returns are even more impressive, exceeding 1,000%, dwarfing the benchmark’s 36.41% rise. This consistent outperformance extends across multiple annual periods, including the last three years where the stock has outpaced the BSE500 index.


Balancing Short-Term Volatility with Long-Term Potential


The recent downward trend in Choice International’s share price appears to be driven primarily by short-term market dynamics rather than any deterioration in the company’s core business. The six-day consecutive fall and underperformance relative to the sector suggest profit-taking or cautious sentiment among traders. The decline in delivery volumes further indicates a temporary reduction in investor conviction.


However, the company’s strong financial results and impressive growth trajectory provide a solid foundation for future appreciation. The stock’s position above its 200-day moving average supports the view that the long-term uptrend remains intact, even as shorter-term moving averages signal some near-term weakness.



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Conclusion


In summary, Choice International Ltd’s recent share price decline on 05-Dec reflects short-term selling pressure and reduced investor participation rather than fundamental weakness. The stock’s underperformance over the past week and month contrasts with its strong long-term growth in sales, profits, and returns. Investors should weigh the current volatility against the company’s proven track record of consistent growth and robust quarterly results when considering their investment decisions.





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