Why is Cineline India falling/rising?
As of 16-Sep, Cineline India Ltd is priced at 84.29, down 1.15%. The stock has significantly underperformed its sector and the broader market, with a 33.86% decline over the past year and concerns about its low ROCE and high debt-to-EBITDA ratio.
As of 16-Sep, Cineline India Ltd is currently priced at 84.29, reflecting a decrease of 0.98, or 1.15%. The stock has underperformed its sector by 2.58% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 0.84%, and it has experienced a significant drop of 33.86% over the past year, indicating consistent underperformance against the benchmark. Despite a notable increase in profits by 338.6% over the same period, the stock's return on capital employed (ROCE) is relatively low at 7.2, and it has a high debt-to-EBITDA ratio, which raises concerns about its long-term growth potential.In the broader market context, the Sensex has increased by 1.58% over the past week, contrasting sharply with Cineline India's decline. This disparity highlights the stock's weak performance relative to the market. Additionally, the company has shown poor long-term growth, with an annual operating profit growth rate of only 15.01% over the last five years, further contributing to investor skepticism. The stock's consistent underperformance against the benchmark over the last three years, coupled with a high debt burden, suggests that investors are cautious, leading to the current downward trend in its price.
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