Why is Deccan Cements falling/rising?
As of 17-Nov, Deccan Cements Ltd. is facing a significant stock price decline to Rs 876.05, down 12.46%, with a total loss of 13.8% over the last three days. Despite strong year-to-date returns and positive quarterly results, the stock's performance is hindered by bearish trends and decreased investor confidence.
As of 17-Nov, Deccan Cements Ltd. is experiencing a significant decline in its stock price, currently at Rs 876.05, reflecting a decrease of Rs 124.65 or 12.46%. The stock has underperformed its sector by 12.33% today and has been on a downward trend for the last three days, accumulating a total loss of 13.8%. It has also traded in a wide range, with an intraday low of Rs 872.1 and high volatility of 9.92%. Over the past week and month, the stock has seen declines of 11.49% and 16.16%, respectively, although it has shown strong performance year-to-date with a return of 38.87%. Despite positive quarterly results indicating substantial growth in profit before tax and profit after tax, the stock is currently trading below all major moving averages, which suggests a bearish trend.In the broader market context, Deccan Cements' recent performance contrasts sharply with the benchmark Sensex, which has gained 1.69% over the past week and 1.19% over the past month. This underperformance highlights the stock's struggles despite a strong year-over-year return of 50.25%, which significantly outpaces the market's 8.72% gain. The falling investor participation, indicated by a 41.95% drop in delivery volume, further exacerbates the stock's decline, suggesting a lack of confidence among investors. While the company maintains a fair valuation relative to its peers and has demonstrated robust profit growth, these factors have not been sufficient to counteract the recent negative price movements.
{{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
