Why is G R Infraproject falling/rising?
As of 13-Nov, G R Infraprojects Ltd's stock price is 1,109.80, down 1.53%, and has underperformed significantly over the past week and month. The company faces challenges with declining sales and profits, leading to a year-to-date return of -24.40%, contrasting sharply with the Sensex's positive performance.
As of 13-Nov, G R Infraprojects Ltd is experiencing a decline in its stock price, currently at 1,109.80, reflecting a decrease of 17.25 points or 1.53%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 3.8% during this period. Additionally, the stock has shown a significant underperformance over the past week and month, with returns of -2.20% and -12.35%, respectively. The company has a high management efficiency indicated by a return on capital employed (ROCE) of 16.47%, but it also faces challenges such as a poor long-term growth trajectory, with net sales and operating profit declining annually by -5.19% and -5.05% over the last five years. Furthermore, negative financial results reported for September, including a significant drop in profit before tax and profit after tax, have contributed to the stock's downward movement.In the broader market context, G R Infraprojects Ltd's performance has been notably weaker compared to the benchmark Sensex, which has gained 1.40% over the past week. The stock's year-to-date return of -24.40% starkly contrasts with the Sensex's positive return of 8.11%. This disparity highlights the stock's struggles in both short-term and long-term performance, as it has consistently underperformed against broader market indices. The decline in investor participation, evidenced by a 41.65% drop in delivery volume, further indicates waning interest among investors, which may exacerbate the stock's challenges moving forward.
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