Why is FratelliVineyard falling/rising?
As of 24-Jun, Fratelli Vineyards Ltd's stock price is Rs 138.00, down 1.43%, with significant underperformance reflected in a -59.46% return over the past year and concerning financial health, including high debt levels and operating losses. The stock is trading near its 52-week low and has seen a decline in investor participation.
As of 24-Jun, Fratelli Vineyards Ltd is experiencing a decline in its stock price, currently at Rs 138.00, which reflects a decrease of Rs 2.0 or 1.43%. The stock has underperformed significantly, with a 1-week return of -4.83% and a 1-month return of -9.51%. It is also trading close to its 52-week low, just 3.48% above Rs 133.2. The stock's performance today has been weak, underperforming its sector by 1.12%, and it is trading below all key moving averages. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 14.14% against the 5-day average. The company's financial health is concerning, as it has reported operating losses and a high Debt to EBITDA ratio of 10.95 times, indicating a weak ability to service its debt.In the broader market context, the Sensex has shown a positive return of 0.58% over the past week, contrasting sharply with Fratelli Vineyards' negative performance. The company has significantly underperformed the market over the past year, with a return of -59.46% compared to the benchmark's 6.10%. This underperformance is compounded by the company's negative financial results, including a drastic fall in operating profit and a low return on equity of 1.17%. The lack of investment from domestic mutual funds, which hold 0% of the company, suggests a lack of confidence in its future prospects, further contributing to the stock's decline.
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