Why is ERIS Lifescience falling/rising?
As of 17-Sep, ERIS Lifesciences Ltd's stock price is 1,645.25, down 0.95%, with reduced investor participation indicated by a 17.06% drop in delivery volume. Despite this short-term decline, the company has strong financial metrics and has outperformed the broader market over the past year.
As of 17-Sep, ERIS Lifesciences Ltd is experiencing a decline in its stock price, currently at 1,645.25, reflecting a decrease of 15.75 points or 0.95%. The stock has underperformed its sector today by 0.99%, and its delivery volume has fallen by 17.06% compared to the 5-day average, indicating reduced investor participation. Despite this, the company has demonstrated strong financial metrics, including a high return on capital employed (ROCE) of 17.80% and a low debt to EBITDA ratio of 1.15 times, which suggests a solid ability to manage debt. Over the past year, the stock has outperformed the broader market, generating an 18.70% return while the market has seen a decline of 0.46%.In the broader market context, the stock's recent performance contrasts with the benchmark, as it has declined by 4.28% over the past week while the Sensex has increased by 1.56%. This underperformance in the short term may be contributing to the stock's current price drop, despite its strong year-to-date performance of 20.19%. The market's overall positive trend may not be benefiting ERIS Lifesciences as much as other stocks, which could be influencing investor sentiment and leading to the current decline in price.
{{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
