Why is Globe Commercial falling/rising?
As of 07-Jul, Globe Commercials Ltd's stock price has declined to 35.40, down 2.34%, with a significant drop in trading volume indicating reduced investor participation. Despite strong long-term performance and efficient management, recent trends suggest a lack of investor confidence.
As of 07-Jul, Globe Commercials Ltd is experiencing a decline in its stock price, currently at 35.40, which reflects a decrease of 0.85 or 2.34%. The stock has underperformed its sector by 2.79% today, and its delivery volume has significantly dropped by 61.38% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 2.48%, and year-to-date, it has seen a notable decline of 8.76%, despite a strong performance of 74.90% over the past year. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 26.82% and a low debt to EBITDA ratio of 0.47, suggesting a strong ability to service debt. However, despite these positive factors, the recent price movement indicates a lack of investor confidence, possibly due to the recent drop in trading volume.In the broader market context, the Sensex has only fallen by 0.20% over the past week, which highlights that Globe Commercials Ltd's decline is more pronounced than the overall market trend. While the stock has outperformed the BSE500 in the long term, its recent underperformance in the short term, particularly in comparison to the benchmark, suggests that investors may be reacting to the recent drop in trading activity and the stock's inability to maintain momentum despite its strong historical performance. The company's healthy long-term growth metrics, including a significant increase in net sales and operating profit, may not be enough to offset the current negative sentiment reflected in the stock's price movement.
{{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
