Why is Eureka Forbes falling/rising?
As of 11-Jul, Eureka Forbes Ltd's stock price is Rs 570.50, down 2.54% and has underperformed recently with a total decline of 4.62% over four days. Despite strong long-term growth prospects, recent investor participation has decreased significantly, contributing to its short-term struggles.
As of 11-Jul, Eureka Forbes Ltd's stock price is currently at Rs 570.50, reflecting a decrease of Rs 14.85 or 2.54%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 4.62% during this period. Additionally, the stock's performance over the past week shows a decrease of 3.14%, while it has also dropped 5.80% over the last month. Despite a positive long-term growth outlook, with net sales growing at an annual rate of 85.50% and a healthy operating profit, the stock's recent movement is negatively impacted by falling investor participation, as evidenced by a significant drop in delivery volume by 49.82% against the 5-day average.In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has underperformed the Sensex, which has only declined by 1.12% over the past week. While Eureka Forbes has shown a strong annual return of 14.52%, significantly outperforming the market's 0.52% return, its recent struggles may be attributed to a combination of declining investor interest and a lack of momentum in the short term. The stock's current trading levels are also below several shorter-term moving averages, indicating potential bearish sentiment among investors.
{{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
