Why is Cressanda Railwa falling/rising?
As of 28-Aug, Cressanda Railway Solutions Ltd's stock price is Rs. 3.66, down 2.92%, marking a new 52-week low and a total decline of 7.58% over the past week. The company has significantly underperformed its sector and benchmark, with weak long-term fundamentals and negative recent financial results.
As of 28-Aug, Cressanda Railway Solutions Ltd is experiencing a decline in its stock price, currently at Rs. 3.66, which reflects a decrease of -0.11 or -2.92%. The stock has hit a new 52-week low today and has been on a downward trend, having fallen for the last four consecutive days, resulting in a total decline of -7.58% over the past week. In terms of performance, the company has significantly underperformed its sector by -1.18%. The stock's long-term fundamentals are weak, evidenced by a -249.18% CAGR growth in operating profits over the last five years, and it has reported negative results recently, including a net sales decline of -82.34% and a pre-tax profit drop of -448.16%. In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a year-to-date return of -53.44% against the Sensex's gain of +2.48%. This consistent underperformance is further highlighted by the stock's returns over the last three years, where it has lagged behind the BSE500 in each annual period. Despite a rise in investor participation, as indicated by a 17.87% increase in delivery volume, the overall sentiment remains negative due to the company's weak profitability metrics and high risk associated with its current trading position.
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