Why is Crompton Gr. Con falling/rising?
As of 17-Sep, Crompton Greaves Consumer Electricals Ltd is priced at 315.10, having gained 1.0 (0.32%) recently, but it has underperformed over the past year with a decline of 30.36%. Despite strong management efficiency and institutional support, the stock's long-term growth prospects are poor, and it continues to lag behind market benchmarks.
As of 17-Sep, Crompton Greaves Consumer Electricals Ltd is currently priced at 315.10, reflecting an increase of 1.0 (0.32%). The stock has been gaining for the last two days, with a total return of 1.04% during this period, although it remains 3.84% away from its 52-week low. Despite this recent uptick, the stock has underperformed significantly over the past year, with a decline of 30.36%, and has also shown negative returns of 20.33% year-to-date. The company benefits from high management efficiency, a low debt-to-equity ratio, and strong institutional holdings, which have increased by 0.76% over the previous quarter. However, the stock's long-term growth prospects appear poor, as indicated by a low operating profit growth rate and disappointing quarterly results.In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of -0.99% compared to the Sensex's gain of 1.56%. This trend of underperformance is consistent over longer periods, as the stock has also fallen behind the benchmark in 1-month, 1-year, and 3-year comparisons. The declining investor participation, evidenced by a 25.04% drop in delivery volume against the 5-day average, further highlights the challenges the stock faces in gaining traction in a market that has generally been more favorable.
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