Why is Gratex Industrie falling/rising?
As of 23-Sep, Gratex Industries Ltd is seeing a price increase to 20.25, with a recent positive performance but significant concerns about erratic trading patterns and long-term fundamental weaknesses. Despite a short-term gain of 3.85%, the stock's year-to-date performance remains negative at -22.77%, indicating potential risks for investors.
As of 23-Sep, Gratex Industries Ltd is experiencing a price increase, currently at 20.25, reflecting a change of 0.36 or 1.81% upward. The stock has shown a positive performance today, outperforming its sector by 3.39%, and has been on a gaining streak for the last two days, with a total return of 3.85% over the past week. However, there are concerns regarding erratic trading patterns, as the stock did not trade on two days out of the last twenty, and there has been a significant drop in delivery volume, which fell by 96.5% against the five-day average. Additionally, the company faces long-term fundamental weaknesses, including a negative CAGR growth in operating profits over the last five years and a low return on equity, which may affect investor confidence despite the recent price rise.In the broader market context, Gratex Industries' short-term return of 3.85% over the past week contrasts with the Sensex, which has seen a decline of 0.34% in the same period. While the stock has outperformed the benchmark recently, its year-to-date performance remains negative at -22.77%, compared to the Sensex's positive return of 5.07%. This divergence suggests that while the stock is currently gaining, it is still struggling significantly in the longer term, which could be a concern for investors looking for sustainable growth.
{{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
