Why is Crown Lifters falling/rising?
As of 16-Sep, Crown Lifters Ltd's stock price is declining at 174.15, down 1.36%, and has underperformed its sector today. Despite a strong long-term growth of 335.38% over three years, it has faced significant recent challenges, including a -25.45% return over the past year.
As of 16-Sep, Crown Lifters Ltd is experiencing a decline in its stock price, currently at 174.15, reflecting a decrease of 2.4 points or 1.36%. The stock has underperformed its sector today by 1.47%, despite being higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 66.16% against the 5-day average. Over the past week, the stock has shown a return of +8.91%, but it has underperformed over the last year with a return of -25.45%, contrasting with the Sensex's slight decline of -0.57%.In the broader market context, while the stock has shown strong long-term growth with a 335.38% return over three years, it has struggled recently, particularly in the last year where it has significantly underperformed the market. Factors contributing to this decline include a high valuation indicated by a 2.7 enterprise value to capital employed ratio, despite strong management efficiency and consistent profit growth over the last ten quarters. The stock's low PEG ratio of 0.2 suggests it may be undervalued compared to its earnings growth, yet the persistent negative returns have raised concerns among investors, leading to the current downward price movement.
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