Why is Future Market falling/rising?
As of 31-Jul, Future Market Networks Ltd's stock price is at 13.38, reflecting a 1.21% increase today, but it has faced a 20.36% decline over the past month and a 47.86% drop year-to-date. Despite a strong annual return of 105.85%, concerns about high debt levels and poor growth prospects contribute to a mixed outlook.
As of 31-Jul, Future Market Networks Ltd is experiencing a rise in its stock price, currently at 13.38, with a change of 0.16, representing a 1.21% increase. The stock has outperformed its sector by 1.81% today and has shown consecutive gains over the last two days, resulting in a total return of 4.21% during this period. However, it is important to note that the stock is trading below its moving averages across various time frames, indicating a potential weakness in its price momentum. Despite a significant annual return of 105.85%, the stock has faced challenges, including a decline of 20.36% over the past month and a staggering 47.86% year-to-date drop. The company's high debt levels and poor long-term growth prospects, evidenced by a negative annual sales growth rate and a high debt-to-equity ratio, contribute to a mixed outlook.In the broader market context, while the stock has managed to generate substantial returns over the past year, the benchmark index, Sensex, has only seen a slight decline of 0.68% during the same period. This indicates that Future Market Networks Ltd has significantly outperformed the market despite its recent struggles. However, the stock's performance over the last week and month has been notably poor compared to the benchmark, with declines of 5.58% and 20.36%, respectively. The overall market sentiment appears to be cautious, particularly due to the high percentage of pledged promoter shares, which can exert additional downward pressure in a falling market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
