Why is Guj. Ambuja Exp falling/rising?
As of 02-Jul, Gujarat Ambuja Exports Ltd is priced at 110.10, down 0.5%, and has underperformed with a 4.22% loss over the past week. The stock is in a bearish trend, trading below key moving averages, and has seen declining profits and low investor confidence, significantly lagging behind the benchmark indices.
As of 02-Jul, Gujarat Ambuja Exports Ltd is currently priced at 110.10, reflecting a decrease of 0.55, or 0.5%. The stock has been underperforming, having lost 4.22% over the past week and 4.18% over the past month. It has also experienced a consecutive decline for the last five days. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has decreased by 10.59% compared to the 5-day average, suggesting falling investor participation. The company's return on equity stands at 8.3, with a price-to-book value of 1.7, indicating attractive valuation; however, its profits have declined by 27.9% over the past year, contributing to the stock's negative performance.In the broader market context, the stock's performance has lagged significantly behind the benchmark, with the Sensex gaining 0.79% over the past week and 2.50% over the past month. Year-to-date, while the stock has dropped 11.57%, the benchmark has risen by 6.75%. This consistent underperformance against the benchmark over the last three years, coupled with a low stake from domestic mutual funds at only 0.69%, suggests a lack of confidence in the stock's future prospects. The company's long-term growth appears poor, with net sales declining at an annual rate of 0.50% and operating profit decreasing by 10.52% over the last five years, further exacerbating investor concerns.
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