Why is Diana Tea Co falling/rising?
As of 18-Sep, Diana Tea Company Ltd's stock price is 32.18, down 0.98%, and has shown weak long-term fundamentals with a -220.11% CAGR in operating profits over five years. The stock has underperformed the market significantly, with a year-to-date return of -16.42%, contributing to negative sentiment.
As of 18-Sep, Diana Tea Company Ltd's stock price is currently at 32.18, reflecting a decrease of 0.32, or 0.98%. The stock has been experiencing a downward trend, having lost 2.48% over the last two days, and it is currently trading below its 200-day moving average while remaining higher than its 5-day, 20-day, 50-day, and 100-day moving averages. Despite a recent increase in investor participation, with delivery volume rising by 74.9% against the 5-day average, the stock has shown weak long-term fundamental strength, evidenced by a significant -220.11% CAGR growth in operating profits over the last five years. Additionally, while the company has reported impressive growth in profit before tax and net sales, its ability to service debt remains weak, and it has generated a low return on equity of 3.61%, indicating low profitability.In the broader market context, Diana Tea Company Ltd has underperformed against the benchmark, with a year-to-date return of -16.42% compared to the Sensex's gain of 6.24%. Over the past year, the stock has also generated a return of -5.58%, consistently lagging behind the BSE500 in each of the last three annual periods. This consistent underperformance, coupled with the company's risky financial position and negative EBITDA, contributes to a negative sentiment surrounding the stock, leading to its current decline.
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