Why is Globus Spirits falling/rising?
As of 02-Sep, Globus Spirits Ltd is priced at 1,198.00, down 0.62%, with a recent trend reversal and significant decline in delivery volume. Despite a year-to-date return of 37.57%, concerns arise from decreased profits and short-term underperformance, leading to a cautious outlook.
As of 02-Sep, Globus Spirits Ltd is currently priced at 1,198.00, reflecting a decrease of 7.5 points or 0.62%. Today's price summary indicates that the stock underperformed its sector by 1.67% and has experienced a trend reversal, falling after two consecutive days of gains. Although the stock opened with a gain of 3.29% and reached an intraday high of Rs 1245.15, it has shown a significant decline in delivery volume, dropping by 59.11% against the 5-day average. Over the past week, the stock has decreased by 3.57%, and over the past month, it has fallen by 4.56%. Despite a year-to-date return of 37.57%, the stock's profits have decreased by 63.6%, which may contribute to the recent price decline.In the broader market context, the stock's performance has been relatively strong compared to the benchmark, as it has generated a return of 7.54% over the past year while the Sensex has declined by 2.91%. However, the stock's recent underperformance in the short term, coupled with falling investor participation and poor long-term growth prospects, may be causing concern among investors. The company's high management efficiency and low debt-to-equity ratio are positive factors, but the negative trend in operating profit growth over the last five years raises questions about its sustainability. Overall, while the stock has shown resilience in the long run, the current market dynamics and recent performance suggest a cautious outlook.
{{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
