Why is Emami Paper falling/rising?
As of 05-Sep, Emami Paper Mills Ltd is priced at 102.40, down 1.63% and has underperformed the sector and the benchmark Sensex. The stock has seen a significant decline in profitability and investor participation, leading to negative market sentiment.
As of 05-Sep, Emami Paper Mills Ltd is currently priced at 102.40, reflecting a decrease of 1.7, or 1.63%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 5.4% during this period. Additionally, the stock's performance today has underperformed the sector by 1.63%. Over the past year, Emami Paper has generated a return of -19.47%, with profits significantly declining by 79.6%. Despite having an attractive valuation with a return on capital employed (ROCE) of 12 and trading at a discount compared to its peers, the stock's recent movement is negatively impacted by falling investor participation, as evidenced by a 59.54% drop in delivery volume against the five-day average.In the broader market context, the stock's short-term performance over the past week shows a modest gain of 0.40%, while the benchmark Sensex has increased by 1.13%. However, on a year-to-date basis, Emami Paper has underperformed the Sensex, which has risen by 3.29%. This underperformance, coupled with the significant drop in investor participation and the stock's declining profitability, suggests that the market sentiment towards Emami Paper Mills Ltd is currently negative, contributing to its falling stock price.
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