Why is DCM Shriram Inds falling/rising?
As of N/A, DCM Shriram Industries Ltd's stock price has declined to 156.65, down 7.93%, with a year-to-date drop of 14.73% and a negative return of 16.79% over the past year. The company's high debt levels and consecutive quarterly losses have led to decreased investor confidence and reduced institutional interest.
As of N/A, DCM Shriram Industries Ltd is experiencing a decline in its stock price, currently at 156.65, which reflects a decrease of 13.5 points or 7.93%. Unfortunately, the data for today's price summary is not available. Over the past week, the stock has fallen by 8.74%, and its year-to-date performance shows a significant drop of 14.73%. The stock has generated a negative return of 16.79% over the past year, while profits have decreased by 50%. The company's high Debt to EBITDA ratio of 2.72 times indicates a low ability to service its debt, contributing to investor concerns. Additionally, the company has reported negative results for the last three consecutive quarters, which has likely influenced the stock's downward movement.In the broader market context, the stock has underperformed compared to the benchmark, with the Sensex showing a modest decline of only 1.30% over the past week. While the market has generated positive returns of 6.62% year-to-date, DCM Shriram Industries Ltd has lagged significantly behind, indicating a lack of investor confidence. Furthermore, institutional investors have reduced their stake in the company by 0.67% in the previous quarter, suggesting a declining interest from those with more resources to analyze the company's fundamentals. This combination of poor financial performance, high debt levels, and reduced institutional participation has contributed to the stock's recent decline.
{{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
