Why is DE Nora India falling/rising?

Jul 07 2025 08:57 PM IST
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As of 07-Jul, DE Nora India Ltd's stock price is Rs 912.00, down 3.08%, and has underperformed its sector. Despite recent modest gains, the stock has a year-to-date decline of 21.75% and a significant drop of 51.40% over the past year, reflecting poor long-term growth prospects.
As of 07-Jul, DE Nora India Ltd's stock price is currently at Rs 912.00, reflecting a decrease of Rs 29.0 or 3.08%. The stock has underperformed its sector by 1.65% today, reaching an intraday low of Rs 912. Despite being higher than its 5-day, 20-day, 50-day, and 100-day moving averages, it remains below its 200-day moving average. Over the past week, the stock has shown a modest gain of 2.77%, but it has significantly underperformed over the longer term, with a year-to-date decline of 21.75% and a staggering 51.40% drop over the past year. Positive factors include substantial growth in profit before tax and net sales, but these are overshadowed by a poor long-term growth outlook, as indicated by a negative annual operating profit growth rate of -183.02% over the last five years and a significant decline in profits of -91.1% over the past year.

In the broader market context, while the Sensex has generated a return of 1.53% over the past month and 6.79% year-to-date, DE Nora India Ltd's performance has been notably poor, with a year-over-year return of -51.40%. This stark contrast highlights the stock's struggle to keep pace with the market, contributing to investor sentiment that may be driving the current decline. The stock's liquidity remains adequate for trading, but the overall negative sentiment surrounding its long-term growth prospects and recent performance against the benchmark suggests a challenging environment for the stock moving forward.
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