Why is Dhampur Sugar falling/rising?
As of 12-Sep, Dhampur Sugar Mills Ltd's stock price is declining at 134.85, with a year-to-date drop of -16.50% and a one-year return of -36.32%. The company shows weak fundamentals and low investor confidence, reflected in its high Debt to EBITDA ratio and lack of mutual fund investment.
As of 12-Sep, Dhampur Sugar Mills Ltd is experiencing a decline in its stock price, currently at 134.85, which reflects a decrease of 0.5 or 0.37%. The stock has underperformed its sector by 0.98% today, and its delivery volume has fallen by 23.03% compared to the 5-day average, indicating a decrease in investor participation. Over the past week, the stock has seen a return of -2.28%, while it has performed better over the last month with a return of +3.02%. However, the stock's year-to-date performance shows a significant decline of -16.50%, and it has generated a return of -36.32% over the past year, with profits falling by 43.1%. The company has a low ability to service debt, indicated by a high Debt to EBITDA ratio of 3.08 times, and domestic mutual funds hold no stake in the company, suggesting a lack of confidence in its valuation.In the broader market context, the Sensex has shown a positive return of +1.48% over the past week and +2.08% over the past month, contrasting sharply with Dhampur Sugar's negative short-term performance. The stock's long-term fundamentals are weak, with a -18.05% CAGR growth in operating profits over the last five years, which further contributes to its underperformance compared to the benchmark indices. The overall market sentiment appears to favor other investments, as evidenced by the stock's significant underperformance against the BSE500 over various time frames, including the last three years, one year, and three months.
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