Why is E2E Networks falling/rising?
As of 15-Oct, E2E Networks Ltd is priced at 3,201.70, with a slight increase of 0.14%. Despite recent short-term declines, the company has a strong debt servicing capability and has historically delivered significant long-term returns.
As of 15-Oct, E2E Networks Ltd is currently priced at 3,201.70, reflecting an increase of 4.5 (0.14%). Despite this slight uptick, the stock has underperformed its sector by 1.44% today. The stock's performance over the past week shows a significant decline of 14.09%, while it has gained 6.21% over the past month. Year-to-date, the stock is down 20.90%, and over the last year, it has decreased by 8.83%. However, the company maintains a strong ability to service its debt, indicated by a low Debt to EBITDA ratio of 0.70 times, which may contribute positively to investor sentiment despite the recent price movements. Additionally, the stock's delivery volume has fallen by 28.69% against the 5-day average, indicating a decline in investor participation.In the broader market context, the Sensex has increased by 1.11% over the past week and 1.01% over the past month, suggesting that the overall market is performing better than E2E Networks. The stock's performance is notably weaker compared to the benchmark, particularly in the short term, where it has significantly lagged behind. The long-term performance, however, shows a remarkable increase of 1745.36% over three years and 5862.20% over five years, indicating that while the stock may be facing short-term challenges, it has historically delivered substantial returns.
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