Why is Goodluck India falling/rising?
As of 10-Sep, Goodluck India Ltd's stock price is 1,149.25, down 8.63% and underperforming its sector. Despite a year-to-date increase of 23.50%, the recent decline reflects market volatility rather than a fundamental deterioration in the company's financial health.
As of 10-Sep, Goodluck India Ltd's stock price is currently at 1,149.25, reflecting a decline of 108.6 points, or 8.63%. Today's price summary indicates that the stock has underperformed its sector by 8.74%, marking a trend reversal after six consecutive days of gains. The stock experienced significant volatility, trading within a wide range of Rs 165.05, with an intraday high of Rs 1283.1 and a low of Rs 1118.05. Over the past week, the stock has decreased by 3.31%, while it has shown a positive return of 13.03% over the past month. Despite a year-to-date increase of 23.50%, the stock has generated a negative return of 6.03% over the past year. The company's healthy long-term growth, with net sales and operating profit increasing at annual rates of 23.08% and 25.80%, respectively, suggests a solid foundation, but the recent price drop indicates market volatility and investor sentiment shifts.In the broader market context, Goodluck India's recent performance contrasts with the Sensex, which has gained 1.06% over the past week and 1.96% over the past month. The stock's decline today, despite rising investor participation and liquidity, suggests that market conditions may be affecting investor confidence. The company's fair valuation and positive profit growth, indicated by a PEG ratio of 1.4, imply that it may be undervalued compared to peers, which could attract long-term investors. However, the immediate price drop reflects a reaction to recent volatility and market dynamics rather than a fundamental deterioration in the company's financial health.
{{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
