Why is G G Dandekar falling/rising?
As of 11-Sep, G G Dandekar Properties Ltd is currently priced at Rs 87.87, reflecting a recent increase but a concerning long-term outlook with a -0.50% CAGR in net sales and a -34.91% decline over the past year. Despite short-term gains, the company's financial health raises sustainability concerns.
As of 11-Sep, G G Dandekar Properties Ltd is experiencing a price increase, currently at Rs 87.87, reflecting a rise of Rs 2.87 or 3.38%. The stock has shown positive momentum, gaining 6.38% over the last two days and outperforming its sector by 3.6% today. Despite this recent uptick, the company has a concerning long-term outlook, with a -0.50% CAGR growth in net sales over the past five years and a negative ROCE. The stock's performance over the past year has been significantly poor, with a decline of -34.91%, indicating underlying issues despite recent gains.In the broader market context, the stock's short-term return of +5.49% over the past week has outpaced the Sensex, which only increased by +1.03% during the same period. However, the company's long-term performance remains weak compared to the benchmark, as it has underperformed the market significantly over the last year. The stock's volatility and the rising investor participation suggest some interest, but the overall financial health of the company, characterized by weak debt servicing ability and negative operating profits, raises concerns about its sustainability in the long run.
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