Why is Dutron Polymers falling/rising?
As of 12-Sep, Dutron Polymers Ltd is priced at 124.00, down 0.76%, and has significantly underperformed its sector and the broader market. The stock shows weak long-term fundamentals with a year-to-date return of -22.50% and a concerning decline in operating profits.
As of 12-Sep, Dutron Polymers Ltd is currently priced at 124.00, reflecting a decline of 0.95, or 0.76%. The stock has underperformed its sector today by 2.3%, and its delivery volume has decreased significantly, falling by 44.23% compared to the 5-day average. Over the past week, the stock has experienced a slight decline of 0.80%, while it has shown a modest gain of 1.81% over the past month. However, the stock's long-term performance is concerning, with a year-to-date return of -22.50% and a one-year return of -26.58%. The company's fundamentals are weak, evidenced by a -1.47% CAGR growth in operating profits over the last five years, and a significant drop in profits by 17.8% over the past year, despite an attractive valuation indicated by a 2.6 Price to Book Value.In the broader market context, the Sensex has gained 1.48% over the past week and 2.08% over the past month, contrasting sharply with Dutron Polymers' recent performance. The stock has underperformed the BSE500 across multiple time frames, including the last three years and one year. This underperformance, combined with the company's flat results and weak long-term fundamentals, contributes to a negative sentiment surrounding the stock, leading to its current decline.
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