Why is Flexituff Vent. falling/rising?
As of 18-Sep, Flexituff Ventures International Ltd's stock price is at 25.31, down 3.76%, with a significant decline of 70.05% over the past year and negative results for 12 consecutive quarters. The company's high debt-equity ratio and low return on equity reflect weak fundamentals, while a sharp drop in investor participation signals declining confidence.
As of 18-Sep, Flexituff Ventures International Ltd is experiencing a decline in its stock price, currently at 25.31, which represents a decrease of 0.99 or 3.76%. The stock has underperformed its sector by 2.98% today and has shown a trend reversal after two consecutive days of gains. Additionally, the stock's performance over the past week has been negative at -5.45%, while it has seen a significant drop of 70.05% over the past year. The company has declared negative results for the last 12 consecutive quarters, with a high debt-equity ratio of 15.34 times and a low return on equity of 0.62%, indicating weak long-term fundamental strength and low profitability. Furthermore, 77% of promoter shares are pledged, which adds downward pressure on the stock in a falling market.In the broader market context, the Sensex has increased by 1.80% over the past week, contrasting sharply with Flexituff's decline. This underperformance highlights the stock's struggle relative to the benchmark, particularly as it has generated a return of -70.05% over the past year compared to the Sensex's modest gain of 0.08%. The company's falling investor participation, with a delivery volume that has decreased by 83.21% against the 5-day average, further indicates a lack of confidence among investors, contributing to the stock's downward trajectory.
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