Why is Eureka Industrie falling/rising?
As of 17-Sep, Eureka Industries Ltd's stock price is declining at 8.54, down 2.06%, and has underperformed its sector by 3.07%. Despite positive quarterly results, the company faces challenges such as a negative book value and high debt, contributing to its significant drop in stock performance compared to the broader market.
As of 17-Sep, Eureka Industries Ltd is experiencing a decline in its stock price, currently at 8.54, reflecting a decrease of 0.18 or 2.06%. The stock has underperformed its sector by 3.07% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a significant drop of 9.05%, and in the last month, it has fallen by 21.72%. Despite positive results over the last six consecutive quarters, including a remarkable growth in net sales and a higher profit after tax, the company is facing challenges due to a negative book value and weak long-term fundamental strength, which may contribute to the recent price decline.In the broader market context, the Sensex has shown a positive return of 1.56% over the past week and 2.60% over the past month, contrasting sharply with Eureka Industries' negative performance. This disparity suggests that while the overall market is performing well, Eureka Industries is struggling significantly. Additionally, the company's high debt to EBITDA ratio and poor long-term growth prospects further exacerbate its risk profile, leading to a cautious sentiment among investors. Despite the rising investor participation indicated by an increase in delivery volume, the stock's overall performance remains weak compared to the benchmark, highlighting the challenges it faces in the current market environment.
{{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
