Why is Growington Vent falling/rising?
As of 25-Jul, Growington Ventures India Ltd is priced at 1.25, having increased by 3.31%. Despite a recent short-term gain, the stock has significantly underperformed the market and faces long-term challenges, including declining promoter holding and high valuation concerns.
As of 25-Jul, Growington Ventures India Ltd is currently priced at 1.25, reflecting an increase of 0.04 or 3.31%. Today's price summary indicates that the stock has outperformed its sector by 6.7% and has experienced a trend reversal, gaining after three consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 6.72%, and over the past month, it has fallen by 36.87%. Despite a healthy long-term growth rate in net sales and significant profit increases, the decrease in promoter holding to 10.67% and the stock's expensive valuation with a ROCE of 13.3 may be contributing to investor caution.In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has seen a decline of only 0.36% over the past week. The stock's year-to-date performance shows a significant drop of 48.51%, while the Sensex has gained 4.25% during the same period. This underperformance, coupled with falling investor participation and a recent downturn in the travel services sector, suggests that while there may be some positive short-term movements, the overall sentiment remains cautious due to the stock's long-term challenges and recent volatility.
{{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
