Why is Diana Tea Co falling/rising?
As of 11-Sep, Diana Tea Company Ltd's stock price is at 30.93, down 1.02%. The stock has underperformed its sector and benchmarks, showing weak long-term fundamentals with a negative CAGR in operating profits and low return on equity.
As of 11-Sep, Diana Tea Company Ltd's stock price is currently at 30.93, reflecting a decrease of 0.32, or 1.02%. The stock has underperformed its sector today by 1.21%, and while it is trading higher than its 50-day and 100-day moving averages, it is lower than its 5-day, 20-day, and 200-day moving averages. Over the past week, the stock has shown a return of 1.38%, which is better than the Sensex's return of 1.03%. However, the stock has a concerning long-term outlook, evidenced by a -220.11% CAGR growth in operating profits over the last five years and a weak EBIT to interest ratio of 0.96. Despite recent growth in profit before tax and net sales, the company has a negative EBITDA and has consistently underperformed against benchmarks over the last three years.In the broader market context, the stock's year-to-date performance is significantly negative at -19.66%, contrasting sharply with the Sensex's positive return of 4.36%. This underperformance is compounded by the company's low return on equity of 3.61%, indicating weak profitability. Although there has been a rise in investor participation, as shown by a 20.88% increase in delivery volume, the overall sentiment remains cautious due to the company's weak long-term fundamentals and consistent underperformance against the benchmark.
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