Why is Dhruv Consultanc falling/rising?
As of 17-Sep, Dhruv Consultancy Services Ltd's stock price is Rs 56.85, down -0.59%, and has declined -3.56% over the past week, nearing its 52-week low. The stock has significantly underperformed the market and its sector, leading to a prevailing sentiment that it is a strong sell.
As of 17-Sep, Dhruv Consultancy Services Ltd is experiencing a decline in its stock price, currently at Rs 56.85, reflecting a decrease of -0.34 (-0.59%). The stock has been underperforming, with a consecutive fall over the last two days and a total decline of -3.56% in the past week. It is trading close to its 52-week low, just 1.51% away from Rs 55.99. Additionally, the stock has underperformed its sector by -1.29%. Despite some positive indicators, such as a significant increase in PAT and rising institutional investor participation, the overall sentiment remains negative due to weak long-term fundamentals, including a low return on equity and poor growth in net sales and operating profit.In the broader market context, the stock's performance has been notably worse than the benchmark, with a -10.47% decline over the past month compared to a +2.60% increase in the Sensex. Year-to-date, Dhruv Consultancy has seen a staggering -53.78% drop, while the Sensex has risen by +5.83%. This stark contrast highlights the stock's struggles in both short-term and long-term performance, further exacerbated by its underperformance against the BSE500 over various time frames. The combination of these factors contributes to a prevailing sentiment that the stock is a strong sell.
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