Why is Elantas Beck falling/rising?
As of 15-Jul, Elantas Beck India Ltd's stock price is Rs 13,392.50, down 2.24% today and 2.12% over the last two days, despite a strong 14.76% gain over the past week. The recent decline in stock price and delivery volume suggests decreased investor interest, contrasting with its impressive long-term performance.
As of 15-Jul, Elantas Beck India Ltd is experiencing a decline in its stock price, currently at Rs 13,392.50, which reflects a decrease of Rs 307.5 or 2.24%. The stock has underperformed its sector by 2.55% today and has been on a downward trend for the last two days, with a total loss of 2.12% during this period. Despite this recent decline, the stock has shown strong performance over the past week, gaining 14.76%, and has consistently outperformed the benchmark Sensex over various time frames, including a 29% increase over the past month and a remarkable 493.26% rise over the last five years. However, the stock's delivery volume has fallen significantly, by 42.04% against the five-day average, indicating a decrease in investor participation. In the broader market context, while Elantas Beck has shown impressive long-term returns, the recent short-term performance contrasts with the Sensex, which has declined by 1.36% over the past week. The company's high management efficiency, reflected in a return on equity of 15.14%, and a low debt-to-equity ratio are positive factors that support its valuation. Additionally, the stock has consistently generated returns that outpace the BSE500 over the last three years, which may provide some reassurance to investors despite the current price drop. Overall, the combination of recent underperformance and declining investor interest appears to be contributing to the stock's current downward movement.
{{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
