Why is Finolex Inds. falling/rising?

Jul 14 2025 09:39 PM IST
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As of 14-Jul, Finolex Industries Ltd is priced at 204.75, down 0.7%, and has underperformed its sector. The stock has declined 18.59% year-to-date, with poor long-term growth and decreasing institutional interest contributing to its downward trend.
As of 14-Jul, Finolex Industries Ltd is currently priced at 204.75, reflecting a decrease of 1.45, or 0.7%. The stock has underperformed its sector by 0.83% today and has experienced a trend reversal, falling after two consecutive days of gains. In terms of returns, the stock has declined by 0.12% over the past week and significantly by 8.02% over the past month, while it has seen a substantial year-to-date drop of 18.59%. The company's operating profit has shown poor long-term growth, decreasing at an annual rate of 0.46% over the last five years, and recent financial results indicate a decline in profit before tax and net sales. Additionally, there has been a decrease in institutional investor participation, which may further contribute to the stock's downward pressure.

In the broader market context, the Sensex has fallen by 1.42% over the past week, indicating that the stock's recent decline is somewhat in line with market trends, though it has underperformed significantly over the past year with a return of -35.00% compared to the market's modest gain of 0.26%. The stock's liquidity remains adequate for trading, but the falling delivery volume suggests waning investor interest. Overall, the combination of poor financial performance, declining institutional interest, and underperformance relative to the market has led to the stock's current downward movement.
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