Why is Darshan Orna falling/rising?

Jun 23 2025 10:12 PM IST
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As of 23-Jun, Darshan Orna Ltd's stock price is 2.65, up 10.88% today, but the company faces significant challenges with declining sales and operating losses. Despite short-term gains, its long-term performance is weak, with a year-to-date return of -19.21%.
As of 23-Jun, Darshan Orna Ltd's stock price is currently at 2.65, reflecting an increase of 0.26 or 10.88%. The stock has shown a strong performance today, outperforming its sector by 11.22% and has experienced consecutive gains over the last two days, accumulating a total return of 14.22%. Despite this positive short-term movement, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of 0. Additionally, the company's net sales and profit after tax have both declined by 48.25% in the latest six months, contributing to a negative EBITDA and raising concerns about its ability to service debt.

In the broader market context, the stock has outperformed the Sensex in the short term, with a 1-week return of 8.16% compared to the benchmark's 0.12%. However, it is important to note that the stock has underperformed over longer periods, with a year-to-date return of -19.21% and a one-year return of -42.01%, contrasting sharply with the Sensex's positive performance of 4.81% over the same timeframe. This disparity highlights the stock's volatility and the risks associated with its current valuation, despite the recent uptick in price.
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