Why is Gourmet Gateway falling/rising?
As of 23-Jul, Gourmet Gateway India Ltd's stock price has risen to 18.08, reflecting a 3.85% increase, but it has significantly underperformed over the past year with a 54.80% decline. Despite short-term gains and increased investor participation, the company's weak fundamentals and high valuation compared to peers suggest that this price increase may not be sustainable.
As of 23-Jul, Gourmet Gateway India Ltd is experiencing a price increase, with its current price at 18.08, reflecting a rise of 0.67 or 3.85%. The stock has shown a strong performance today, outperforming its sector by 3.31%. Additionally, it is trading higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. The stock has seen a significant increase in investor participation, with delivery volume rising by 66.37% compared to the 5-day average. However, despite this short-term positive movement, the stock has underperformed over the longer term, with a year-to-date decline of 26.17% and a staggering 54.80% drop over the past year. The company's weak long-term fundamentals, evidenced by a low return on equity of 4.35% and declining operating profit, contribute to a negative outlook.In the broader market context, while the Sensex has generated a return of 1.79% over the past year, Gourmet Gateway's performance has been significantly worse, with a decline of 54.80%. This stark contrast highlights the stock's struggles relative to the market. The company's financial challenges, including a negative profit before tax and a poor operating profit margin, suggest that the recent price increase may not be sustainable. The stock's high valuation compared to its peers, coupled with weak long-term growth prospects, indicates that while there may be short-term gains, the overall sentiment remains cautious due to the underlying financial issues.
{{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
