Why is EFC (I) falling/rising?
As of 19-Sep, EFC (I) Ltd's stock price is 319.65, down 0.12%. Despite a recent decline, the company shows strong long-term growth with significant increases in net sales and operating profit, outperforming the market year-to-date.
As of 19-Sep, EFC (I) Ltd's stock price is currently at 319.65, reflecting a decrease of 0.4, or 0.12%. Today's price summary indicates that the stock has outperformed its sector by 0.34%, although it has experienced a trend reversal after two consecutive days of gains. The stock's performance over the past week shows a return of 1.75%, while it has declined by 7.00% over the past month. Despite this recent downturn, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 818.51% and operating profit at 553.61%. The company has consistently reported positive results for the last ten quarters, contributing to a year-to-date return of 7.66%, significantly outperforming the market's 5.74%.In the broader market context, the stock's short-term performance has been favorable compared to the benchmark, as it has outperformed the Sensex by 0.87% over the past week. However, the stock's recent decline may be attributed to falling investor participation, with delivery volume dropping by 38.84% against the five-day average. While the stock has shown healthy growth metrics, including a 120.55% increase in net sales over the latest six months, the recent price movement reflects a cautious sentiment among investors, possibly influenced by the overall market conditions, which have seen negative returns of -1.96% in the last year.
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