Why is Generic Engineer falling/rising?
As of 24-Sep, Generic Engineering Construction & Projects Ltd's stock price is at 45.48, down 1.13%, despite a positive 2.36% return over the past week and a 10.95% increase over the past month. The stock is trading above key moving averages, indicating a long-term upward trend, but has seen a 4.3% decline in profits over the past year, contributing to the current price drop.
As of 24-Sep, Generic Engineering Construction & Projects Ltd is experiencing a decline in its stock price, currently at 45.48, reflecting a decrease of 0.52 or 1.13%. Despite this drop, the stock has shown positive performance over the past week, with a return of 2.36%, and a notable increase of 10.95% over the past month. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend in the longer term. Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 53.41% compared to the 5-day average. However, it is important to note that the stock's profits have fallen by 4.3% over the past year, despite generating a return of 7.93%, which may contribute to the current price decline.In the broader market context, while the stock has outperformed the BSE500 index, which has seen negative returns of 5.32% over the past year, the current price drop indicates a divergence from its recent positive trajectory. The stock's performance today has underperformed its sector by 0.67%, suggesting that market conditions may be impacting investor sentiment. The company's attractive valuation, with a return on capital employed (ROCE) of 7 and a lower enterprise value to capital employed ratio, indicates that it is trading at a discount compared to its peers, which could provide a cushion against further declines. However, the majority of shareholders being non-institutional may also influence the stock's volatility in response to market movements.
{{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
