Why is Crown Lifters falling/rising?
As of 15-Jul, Crown Lifters Ltd is currently priced at 169.59, reflecting a 4.02% increase, but it is trading below all major moving averages and has seen significant declines over the past month and year. Despite strong fundamentals, the stock has underperformed the benchmark Sensex and is down 22.35% year-to-date.
As of 15-Jul, Crown Lifters Ltd is experiencing a price increase, currently at 169.59, reflecting a rise of 6.56 or 4.02%. Today's price summary indicates that the stock has outperformed its sector by 3.45%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a recent decline of 16.08% over the past month and a significant drop of 40.18% over the last year, the company has shown strong fundamentals, including a high return on capital employed (ROCE) of 15.28%, a low debt to EBITDA ratio of 0.38, and consistent positive results over the last nine quarters, which may contribute to the recent uptick in price.In the broader market context, while Crown Lifters has outperformed its sector today, it has underperformed the benchmark, the Sensex, over the past year, which has seen a return of 2.48%. The stock's year-to-date performance is down 22.35%, contrasting sharply with the Sensex's gain of 6.56%. This disparity highlights the challenges faced by Crown Lifters despite its operational strengths, as it continues to trade at a discount compared to its peers and has a low PEG ratio of 0.3, indicating that while profits have increased, the stock's valuation remains high relative to its earnings growth.
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