Why is G G Dandekar falling/rising?
As of 29-Jul, G G Dandekar Properties Ltd is currently priced at 86.86, reflecting a recent short-term gain of 1.47%. However, the stock has a concerning long-term outlook with significant declines in returns over the past week and year, alongside weak fundamentals.
As of 29-Jul, G G Dandekar Properties Ltd is experiencing a price increase, currently at 86.86, reflecting a change of 1.26 or 1.47% upward. The stock opened with a significant gain of 8.64% today, reaching an intraday high of Rs 93. However, despite this short-term surge, the stock has shown a negative return of -4.39% over the past week and a decline of -23.13% year-to-date. The company's long-term fundamentals are concerning, with a -3.04% CAGR growth in net sales over the last five years and a weak EBIT to interest ratio of -1.87, indicating challenges in servicing debt. Additionally, the stock has reported negative returns over the past year, with a -24.48% performance, despite a notable rise in profits of 101.4%, leading to a PEG ratio of 0.4, which suggests it may be trading at a risky valuation.In the broader market context, the stock has outperformed its sector by 0.91% today, but it has underperformed the benchmark Sensex, which has seen a decline of only -1.03% over the past week. While the stock's performance today is positive, the overall trend shows it has lagged behind the benchmark over longer periods, including a -24.48% return in the last year compared to a near flat performance of the Sensex at -0.02%. This juxtaposition highlights the stock's volatility and the potential risks associated with its long-term outlook, despite the recent uptick in price.
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