Why is Dishman Carbogen falling/rising?
As of 22-Sep, Dishman Carbogen Amcis Ltd's stock is rising to 314.00, up 4.61%, with a recent 52-week high of Rs. 315.15 and a 17.47% gain over the past week, driven by strong financial results and significant investor interest. The stock has outperformed the Sensex, achieving a 63.54% return over the past year, supported by solid fundamentals.
As of 22-Sep, Dishman Carbogen Amcis Ltd's stock price is rising, currently at 314.00, reflecting an increase of 13.85 or 4.61%. The stock has recently hit a new 52-week high of Rs. 315.15 and has been on an upward trend, gaining 17.47% over the past week and outperforming its sector by 5.69%. The stock's performance is bolstered by strong financial results, with significant growth in profit before tax, profit after tax, and net sales, alongside a very attractive valuation compared to its peers. Additionally, the stock has shown consistent gains over the last four days, and rising investor participation is evident with a substantial increase in delivery volume.In the broader market context, Dishman Carbogen's short-term performance significantly outpaces the benchmark, with a 1-week return of 17.47% compared to the Sensex's mere 0.46%. This trend of outperformance is consistent, as the stock has also delivered a remarkable 63.54% return over the past year, contrasting sharply with the Sensex's decline of 2.82% during the same period. The company's strong fundamentals, including a PEG ratio of 0.3 and a return on capital employed of 2.3, further enhance its appeal to investors, contributing to the stock's rising price.
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