Why is G G Dandekar falling/rising?
As of 01-Sep, G G Dandekar Properties Ltd is priced at 85.00, showing a slight increase but significant declines in investor participation and long-term performance. The stock has underperformed compared to benchmarks, with a year-to-date return of -24.78% and negative operating profits, indicating cautious market sentiment.
As of 01-Sep, G G Dandekar Properties Ltd is currently priced at 85.00, reflecting an increase of 0.5 (0.59%). Today's price summary indicates that the stock is performing inline with its sector, although it is higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. The stock has experienced a significant decline in investor participation, with delivery volume dropping by 89.15% compared to the 5-day average. Over the past year, the stock has generated a return of -35.61%, and it has shown weak long-term fundamental strength, including a negative CAGR growth in net sales and a poor EBIT to interest ratio. These factors contribute to a perception of riskiness in the stock, despite its recent slight uptick.In the broader market context, the stock's short-term performance over the past week shows a decline of 3.41%, which is worse than the benchmark Sensex's decline of 1.56%. This underperformance is consistent with its longer-term returns, where it has lagged behind the Sensex and BSE500 over various periods, including a -24.78% return year-to-date compared to a +2.85% gain for the benchmark. The overall market sentiment appears to be cautious regarding G G Dandekar Properties Ltd, as evidenced by its negative operating profits and below-par performance metrics, which may overshadow the recent price increase.
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