Why is Exicom Tele-Sys. falling/rising?
As of 23-Sep, Exicom Tele-Systems Ltd's stock price is at 154.90, down 0.64%, with a significant year-to-date decline of -37.43%. The company faces operating losses and high debt, contributing to investor risk perception and underperformance compared to the broader market.
As of 23-Sep, Exicom Tele-Systems Ltd is experiencing a decline in its stock price, currently at 154.90, reflecting a decrease of 1.0 (-0.64%). The stock has underperformed its sector today, marking a consecutive fall over the last two days with a total decline of -5.58%. In terms of returns, the stock has shown a positive performance over the past week with an increase of +7.72%, but it has significantly underperformed over the year, with a staggering -53.86% return. The company has been facing operating losses, and its long-term fundamental strength appears weak, as indicated by a high Debt to EBITDA ratio and negative results for the last four consecutive quarters. This has contributed to a perception of risk among investors, further exacerbated by a decline in delivery volume.Broader market context shows that while the Sensex has increased by +0.98% over the past month, Exicom Tele-Systems has managed a modest gain of +7.61% in the same timeframe, indicating a divergence in performance. However, the stock's year-to-date performance is notably poor, with a decline of -37.43% compared to the Sensex's +5.07%. This stark contrast highlights the challenges faced by Exicom Tele-Systems in a generally positive market environment, reinforcing the notion that the stock is struggling significantly against broader market trends.
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