Why is Everest Inds. falling/rising?
As of 28-Aug, Everest Industries Ltd is priced at 615.00, with a recent increase but a significant decline of -45.99% over the past year, raising concerns about its financial health and long-term growth prospects. The stock has underperformed compared to the benchmark Sensex and shows decreased investor participation.
As of 28-Aug, Everest Industries Ltd is currently priced at 615.00, reflecting an increase of 4.9 (0.8%). The stock has shown a performance today that outperformed its sector by 2.54%, reaching an intraday high of Rs 625.3, which is a 2.49% increase. However, despite this positive movement, the stock has underperformed over the past week with a return of -2.37% compared to the benchmark Sensex's -2.34%. The stock's long-term outlook remains concerning, as it has experienced a significant decline of -45.99% over the past year, alongside negative operating profits and a poor growth rate in operating profit over the last five years. Additionally, the company has reported negative results for the last four consecutive quarters, which raises concerns about its financial health.Broader Market Context: In the context of the broader market, while the Sensex has shown a modest gain of 2.48% year-to-date, Everest Industries Ltd has seen a substantial decline of -20.82% in the same period. This stark contrast highlights the stock's struggles relative to the overall market performance. Furthermore, the stock's liquidity appears adequate for trading, but the significant drop in delivery volume by -49.3% against the 5-day average indicates a decrease in investor participation, which could further pressure the stock's price. Overall, the combination of poor long-term growth prospects, negative quarterly results, and low domestic mutual fund interest suggests a challenging environment for Everest Industries Ltd, contributing to its recent price movements.
{{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
