Why is Finolex Inds. falling/rising?

Sep 17 2025 10:01 PM IST
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As of 17-Sep, Finolex Industries Ltd is priced at 217.70, down 0.57%. The stock has underperformed in the long term, with a year-to-date return of -13.44% and a decline of 28.54% over the past year, amid declining financial metrics and reduced institutional interest.
As of 17-Sep, Finolex Industries Ltd is currently priced at 217.70, reflecting a decrease of 1.25 or 0.57%. The stock has been experiencing a decline, having lost 1.43% over the last two days. Despite this recent drop, the stock has shown positive performance over the past week and month, with returns of 4.11% and 16.11%, respectively. However, the company faces challenges such as a significant decline in operating profit over the past five years, with a negative annual growth rate of 5.64%. Additionally, recent quarterly results have shown a substantial fall in profit before tax and net sales, contributing to a negative sentiment around the stock. Institutional investor participation has also decreased, indicating a lack of confidence among more sophisticated investors.

In the broader market context, while the Sensex has increased by 1.56% over the past week and 2.60% over the past month, Finolex Industries has underperformed, particularly in the long term, with a year-to-date return of -13.44% compared to the benchmark's positive return of 5.83%. The stock's performance over the last year has been particularly poor, with a decline of 28.54%, significantly worse than the broader market's slight decrease of 0.46%. This underperformance, combined with the company's declining financial metrics and reduced institutional interest, suggests that the stock's price is facing downward pressure despite some recent short-term gains.
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