Why is Fundviser Capit. falling/rising?
As of 26-Jun, Fundviser Capital (India) Ltd's stock price is Rs 182.65, up 1.53%, with a strong recent performance of 13.45% over three days and a 30.84% return over the past year. Despite these gains, the company's profits have remained flat, and its valuation is considered high compared to peers.
As of 26-Jun, Fundviser Capital (India) Ltd is experiencing a price increase, with its current price at Rs 182.65, reflecting a rise of Rs 2.75 or 1.53%. The stock has shown strong performance recently, gaining 13.45% over the last three days and outperforming its sector by 1.73% today. It opened with a gain of 2% and reached an intraday high of Rs 183.5. Over the past year, the stock has generated a return of 30.84%, significantly outperforming the BSE 500 index over various periods, including 1 week, 1 month, and 3 years. However, it is important to note that despite these gains, the company's profits have fallen by 0% over the past year, and it has a relatively high valuation with a ROCE of 10.8.In the broader market context, Fundviser Capital's short-term performance has been notably strong, with a 1-week return of 8.72% compared to the Sensex's 2.94%. This indicates that the stock is not only rising in absolute terms but is also outperforming the market benchmark. The stock's liquidity is adequate, and there has been a significant increase in investor participation, with delivery volume rising by 438.78% against the 5-day average. While the stock's recent gains are impressive, the flat results reported in March and its expensive valuation relative to peers may raise concerns among some investors.
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