Why is Garnet Intl. falling/rising?
As of 27-Jun, Garnet International Ltd's stock price is 126.90, having increased by 1.5 (1.2%) recently. Despite short-term gains, the stock has a year-to-date decline of 24.91% and weak fundamentals, raising concerns about its long-term growth prospects.
As of 27-Jun, Garnet International Ltd's stock price is currently at 126.90, reflecting an increase of 1.5 (1.2%). The stock has been on a positive trajectory, gaining for the last four days and achieving a total return of 8.74% during this period. It opened with a gain of 2.03% today and reached an intraday high of Rs 132, indicating strong short-term momentum. Despite this, the stock has a concerning long-term performance with a year-to-date decline of 24.91% and a weak Return on Equity (ROE) of 2.67%. While it has generated impressive returns of 99.12% over the past year, this is juxtaposed with negative sales growth and a significant drop in net sales, raising concerns about its fundamental strength.In the broader market context, Garnet International Ltd has outperformed the Sensex in the short term, with a 5.40% increase over the past week compared to the benchmark's 2.00% rise. However, the stock's long-term performance is less favorable, with a year-to-date decline contrasting with the Sensex's 7.58% gain. The stock's liquidity remains adequate for trading, but a notable decrease in delivery volume suggests a potential decline in investor participation. Overall, while the recent price movement is positive, the underlying fundamentals and long-term growth prospects present significant challenges that could impact future performance.
{{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
