Why is Globe Commercial falling/rising?
As of 12-Aug, Globe Commercials Ltd's stock price is declining at 30.00, down 1.06%, and trading below all key moving averages, indicating a bearish trend. Despite strong fundamentals and a year-over-year return of 34.47%, recent investor participation has dropped significantly, contributing to the stock's short-term challenges.
As of 12-Aug, Globe Commercials Ltd is experiencing a decline in its stock price, currently at 30.00, reflecting a decrease of 0.32 or 1.06%. The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 68.79% against the 5-day average. Over the past week, the stock has decreased by 6.37%, and over the past month, it has declined by 14.14%. Despite these short-term challenges, the company has shown strong fundamentals, including a high return on capital employed (ROCE) of 26.82%, a low debt to EBITDA ratio of 0.47, and impressive growth in net sales and operating profit.In the broader market context, while the stock has generated a return of 34.47% over the past year, the benchmark Sensex has only increased by 0.74%, highlighting Globe Commercials' market-beating performance despite recent declines. However, the stock's recent performance contrasts sharply with the benchmark's negative return of -2.11% over the last year, suggesting that while the company has strong fundamentals, short-term market pressures and declining investor interest are impacting its price negatively.
{{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
