Why is Dynamic Cables falling/rising?
As of 15-Sep, Dynamic Cables Ltd is priced at Rs 425.00, down 1.62% and has underperformed its sector. Despite a strong year-over-year return, recent declines in delivery volume and investor interest indicate challenges in sustaining growth.
As of 15-Sep, Dynamic Cables Ltd is currently priced at Rs 425.00, reflecting a decline of Rs 7.00 or 1.62%. The stock has been underperforming recently, having fallen for three consecutive days, resulting in a total drop of 4.06% during this period. Additionally, the stock's performance today has underperformed its sector by 2.67%. Despite a strong year-over-year return of 57.58%, the stock has seen a year-to-date decline of 11.74%. The company has maintained a strong financial position with a low Debt to EBITDA ratio and has reported positive results for the last four consecutive quarters, which suggests a solid ability to service its debt. However, the recent decline in delivery volume indicates falling investor participation, which may be contributing to the stock's downward movement.In the broader market context, the Sensex has shown a positive return of 1.24% over the past week, contrasting with the stock's marginal decline of 0.08% during the same period. While the stock has outperformed the market over the past year, the recent short-term performance does not align with the overall market trend. The stock's moving averages indicate it is currently lower than the 5-day, 20-day, and 50-day averages, which may signal bearish sentiment among investors. Overall, the combination of recent underperformance, declining investor interest, and a lack of immediate upward momentum in the stock price suggests that Dynamic Cables Ltd is facing challenges in maintaining its previous growth trajectory.
{{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
