Why is Himalaya Food falling/rising?
As of 25-Jul, Himalaya Food International Ltd's stock price is declining at 14.50, down 1.56%, with a year-to-date drop of 23.16% and a return of -37.12% over the past year. The company's weak fundamentals and consistent underperformance compared to the market indicate a negative outlook for future profitability and growth.
As of 25-Jul, Himalaya Food International Ltd is experiencing a decline in its stock price, currently at 14.50, which represents a decrease of 0.23 or 1.56%. The stock has underperformed its sector by 0.41% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 2.03%. Over the past week, the stock has fallen by 3.33%, and it has also shown a significant year-to-date decline of 23.16%. While there are some positive indicators, such as the highest quarterly PBDIT and operating profit to net sales, the overall performance remains weak, with a return of -37.12% over the past year and a concerning -11.75% CAGR growth in operating profits over the last five years.In the broader market context, the Sensex has shown a slight decline of 0.36% over the past week, indicating that the market is generally underperforming as well. However, Himalaya Food's performance is notably worse, particularly in the long term, where it has underperformed the BSE500 index over the last three years, one year, and three months. The company's weak fundamentals, including a poor EBIT to interest ratio and low return on equity, contribute to its negative outlook, suggesting that investors are cautious about its future profitability and growth potential.
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