Why is Cranex falling/rising?

Jul 15 2025 09:25 PM IST
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As of 15-Jul, Cranex Ltd's stock price is Rs 88.20, down 2.54%. Despite a recent positive return over the past week, the stock has a year-to-date decline of 35.46%, underperforming its sector and reflecting weak long-term fundamentals.
As of 15-Jul, Cranex Ltd's stock price is currently at Rs 88.20, reflecting a decrease of Rs 2.3 or 2.54%. Today's performance indicates that the stock opened with a gain of 2.04% but later touched an intraday low of Rs 88, resulting in an overall decline. The stock has underperformed its sector by 3.05%, and despite a positive return of 2.68% over the past week, it has a year-to-date decline of 35.46%. The company's return on capital employed (ROCE) stands at 9.5, suggesting an attractive valuation, but its long-term fundamentals are weak, with a high debt-to-EBITDA ratio and slow sales growth contributing to negative sentiment.

Broader Market Context: In comparison to the Sensex, which has gained 5.67% year-to-date, Cranex's significant decline highlights its struggles in the market. While the stock has shown strong returns over the long term, with a 390% increase over three years, its recent performance contrasts sharply with the benchmark's positive trajectory. The falling investor participation, evidenced by a 64.78% drop in delivery volume, further indicates a lack of confidence among investors, contributing to the stock's current downward movement.
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