Why is City Pulse Multi falling/rising?
As of 18-Sep, City Pulse Multiventures Ltd is currently priced at 2,850.00, reflecting a 2.28% increase. Despite strong long-term returns, the stock faces challenges with weak fundamentals and has underperformed the Sensex in the short term.
As of 18-Sep, City Pulse Multiventures Ltd is experiencing a price increase, currently at 2,850.00, reflecting a rise of 63.6 or 2.28%. Today's price summary indicates that the stock reached an intraday high of Rs 2868, representing a 2.93% increase, despite touching a low of Rs 2515 earlier in the day, which marked a decline of 9.74%. The stock has shown strong performance over the past year, with a return of 237.28%, and has consistently outperformed the BSE500 in the last three annual periods. However, it faces challenges such as weak long-term fundamental strength, evidenced by a -2.80% CAGR growth in net sales over the last five years and a low return on equity of 0.86%, which suggests low profitability.In the broader market context, the stock has underperformed the Sensex in the short term, with a 1-week return of -5.57% compared to the Sensex's gain of +1.80%. Despite this, the stock has shown positive momentum in the longer term, with significant returns of 194.12% year-to-date and an impressive 8669.23% over the last three years. The recent rise in investor participation, with a delivery volume increase of 738.46% against the 5-day average, indicates growing interest, but the high volatility and wide trading range today suggest that investors are navigating uncertainty regarding the company's long-term fundamentals.
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