Why is Deepak Spinners falling/rising?

Jul 14 2025 09:45 PM IST
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As of 14-Jul, Deepak Spinners Ltd. is currently priced at Rs 153.50, reflecting a 2.23% increase today. However, the stock has a concerning long-term outlook with significant declines in profits and a year-to-date return of -22.67%.
As of 14-Jul, Deepak Spinners Ltd. is experiencing a price increase, currently at Rs 153.50, reflecting a rise of Rs 3.35 or 2.23%. Today's price summary indicates that the stock outperformed its sector by 2.75%, reaching an intraday high of Rs 154.5, although it also touched a low of Rs 146.2. Despite this positive movement today, the stock has shown a significant decline over the longer term, with a year-to-date return of -22.67% and a one-year return of -29.72%. The company has a low Debt to Equity ratio, which is a positive factor; however, it faces challenges such as negative operating profits and poor long-term growth, with operating profit declining at an annual rate of -192.46% over the last five years.

In the broader market context, Deepak Spinners' short-term performance of +1.76% over the past week contrasts sharply with the Sensex, which has decreased by -1.42% during the same period. This indicates that while the stock is currently rising, it has consistently underperformed against the benchmark over the last three years. The stock's long-term performance remains concerning, with a significant drop in profits of -883.9% over the past year, suggesting that despite today's gains, the overall outlook for Deepak Spinners remains risky and uncertain.
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