Why is Digicontent falling/rising?
As of 14-Jul, Digicontent Ltd's stock price is at 43.10, down 0.92% and on a downward trend for three consecutive days, totaling a 6.18% decline. Despite positive quarterly results and a high ROCE, the stock faces bearish sentiment due to significantly reduced investor participation and poor long-term growth prospects.
As of 14-Jul, Digicontent Ltd's stock price is currently at 43.10, reflecting a decrease of 0.4 or 0.92%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 6.18% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite having reported positive results for the last five consecutive quarters and a high return on capital employed (ROCE) of 38.97%, the stock's performance has been negatively impacted by a significant drop in investor participation, with delivery volume plummeting by 99.25% compared to the 5-day average. Furthermore, the company has shown poor long-term growth with net sales increasing at an annual rate of only 11.32% over the past five years, contributing to a cautious outlook among investors.In the broader market context, Digicontent's short-term performance has been notably poor, with a 10.19% decline over the past week, compared to a modest 1.42% drop in the Sensex. While the stock has outperformed the benchmark in the long term, generating an 18.73% return over the last year, the recent downturn contrasts sharply with the overall market trend. The Sensex has shown a positive return of 5.27% year-to-date, highlighting the stock's struggle to maintain investor confidence amidst broader market stability. This combination of declining short-term performance, reduced investor participation, and concerns over long-term growth prospects has led to the current downward movement in Digicontent's stock price.
{{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
