Why is Dangee Dums falling/rising?
As of 10-Oct, Dangee Dums Ltd's stock price is at 4.62, up 10.0%, but it has declined 39.21% over the past year despite a 35% profit increase. The stock's long-term fundamentals are weak, with low ROCE and poor debt servicing, suggesting that recent gains may be driven by short-term trading rather than a fundamental improvement.
As of 10-Oct, Dangee Dums Ltd's stock price is currently at 4.62, reflecting an increase of 0.42 or 10.0%. The stock has outperformed its sector today by 9.61%, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. Despite a significant decline of 39.21% over the past year, the company has seen a 35% increase in profits, which may contribute to the recent positive price movement. However, the stock's long-term fundamentals are weak, indicated by a low average Return on Capital Employed (ROCE) of 1.34% and poor debt servicing ability, which could temper investor enthusiasm.In the broader market context, Dangee Dums has shown a short-term return of 10.53% over the past week, significantly outperforming the Sensex, which only increased by 1.57% during the same period. This suggests that the stock's recent rise may be driven by short-term trading dynamics rather than a fundamental turnaround. However, the company's consistent underperformance against benchmarks over the last three years, coupled with flat results in the most recent quarter, indicates that while there may be short-term gains, the long-term outlook remains challenging.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
