Why is Globus Spirits falling/rising?
As of 18-Sep, Globus Spirits Ltd's stock price is Rs 1,075.00, down 0.46%, having underperformed its sector. Despite a year-to-date gain of 23.44%, the stock has faced a significant annual decline of 18.54% and decreased profits, leading to cautious investor sentiment.
As of 18-Sep, Globus Spirits Ltd is experiencing a decline in its stock price, currently at Rs 1,075.00, which reflects a decrease of Rs 5.0 or 0.46%. Today's price summary indicates that the stock has underperformed its sector by 0.49% and has fallen after three consecutive days of gains, touching an intraday low of Rs 1,058. The stock's performance over the past week shows a positive return of 3.66%, but it has underperformed over the past month with a decline of 10.70%. Despite a year-to-date gain of 23.44%, the stock has faced challenges, including a significant drop of 18.54% over the past year, while profits have decreased by 63.6%. The company has recently declared positive quarterly results, which may provide some support, but the overall sentiment remains cautious.In the broader market context, the Sensex has shown a positive return of 1.80% over the past week, contrasting with Globus Spirits' recent struggles. The stock's liquidity appears adequate, with a delivery volume increase of 97.39% against the five-day average, suggesting rising investor participation. However, the stock's current valuation remains attractive, trading at a discount compared to its peers, which may indicate potential for recovery. The company's low debt-to-equity ratio and high management efficiency are positive factors, but the recent negative performance and the trend reversal may be weighing on investor sentiment.
{{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
