Why is Engineers India falling/rising?
As of 13-Nov, Engineers India Ltd. is facing a decline in stock price, currently at 190.55, down 1.7%. The stock has underperformed its sector and the benchmark Sensex, with poor recent financial results and bearish market indicators suggesting a lack of investor interest.
As of 13-Nov, Engineers India Ltd. is experiencing a decline in its stock price, currently at 190.55, reflecting a decrease of 3.3 points or 1.7%. The stock has underperformed its sector by 2.1% today and has been on a downward trend for the last two days, with a total return loss of 1.93% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Despite a high management efficiency with a return on equity (ROE) of 17.46% and low debt-to-equity ratio, the company's long-term growth prospects appear poor, with net sales growing at only 2.35% annually over the last five years. Recent financial results have also shown significant declines, with profit before tax falling by 48.2% compared to the previous four-quarter average.In the broader market context, Engineers India has underperformed against the benchmark Sensex, which has gained 1.40% over the past week while the stock has dropped by 2.18%. Year-to-date, the stock has a positive return of 4.41%, but this is notably lower than the Sensex's 8.11% gain. The recent decline in delivery volume, which has decreased by 5.36% against the 5-day average, further suggests a lack of investor interest. Although the stock has shown strong returns over the longer term, the current market conditions and disappointing recent performance metrics are contributing to its downward price 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
