Why is Deepak Spinners falling/rising?
As of 22-Sep, Deepak Spinners Ltd. is facing a decline in stock price, currently at Rs 136.70, with a year-to-date drop of 31.13% and significant operational losses. The stock has consistently underperformed against the benchmark, indicating a lack of investor confidence and a risky valuation.
As of 22-Sep, Deepak Spinners Ltd. is experiencing a decline in its stock price, currently at Rs 136.70, which reflects a decrease of Rs 2.6 or 1.87%. The stock has underperformed its sector by 1.16% today, with an intraday low of Rs 136.3, marking a drop of 2.15%. Over the past week, the stock has decreased by 1.83%, and it has shown a significant decline of 31.13% year-to-date. The company's operating losses and weak long-term fundamental strength are concerning, as indicated by a negative profit after tax of Rs -3.61 crore, which is a 41.7% decline compared to the previous four-quarter average. Additionally, the stock has consistently underperformed against the benchmark, with a one-year return of -37.18% compared to the Sensex's -2.82%.In the broader market context, the stock's recent performance is notably weaker than the benchmark, as it has underperformed the Sensex over various time frames, including a 43.44% decline over the last three years. The falling investor participation, evidenced by a 34.24% drop in delivery volume against the five-day average, further indicates a lack of confidence among investors. Despite being liquid enough for trading, the stock's current valuation appears risky given its historical performance and ongoing operational challenges, which contribute to its downward trajectory in the market.
{{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
