Why is Growington Vent falling/rising?
As of 11-Jul, Growington Ventures India Ltd's stock price has declined to 1.39, down 4.79% and has fallen 33.81% over the last 15 days. Despite positive net sales growth and profitability, the company faces operational losses and weak fundamentals, contributing to its significant underperformance compared to market benchmarks.
As of 11-Jul, Growington Ventures India Ltd is experiencing a decline in its stock price, currently at 1.39, which reflects a decrease of 0.07 or 4.79%. The stock has been on a downward trend, having fallen consecutively for the last 15 days, resulting in a total drop of 33.81% during this period. Additionally, the stock has underperformed significantly compared to the benchmark, with a one-week return of -21.47% against the Sensex's -1.12%. Despite reporting very positive results in terms of net sales growth and profitability in recent quarters, the company is facing challenges, including operating losses and a weak long-term fundamental strength, which contribute to the negative sentiment surrounding its stock.In the broader market context, the stock's performance has been notably poor compared to the benchmark indices. While the Sensex has shown a year-to-date increase of 5.58%, Growington Ventures has suffered a substantial decline of 42.75% in the same timeframe. The travel services sector, in which the company operates, has also seen a downturn, falling by 4.06%. Despite a rise in investor participation indicated by increased delivery volume, the overall market conditions and the company's ongoing operational challenges have led to a lack of confidence among investors, resulting in the stock's continued decline.
{{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
