Why is Huhtamaki India falling/rising?
As of 26-Jun, Huhtamaki India Ltd's stock price is at 218.90, down 0.55%, and has significantly underperformed over the year with a return of -41.66%. Despite a recent short-term rise, the company's long-term outlook is negative due to declining profitability and sales, alongside reduced investor confidence.
As of 26-Jun, Huhtamaki India Ltd is experiencing a decline in its stock price, currently at 218.90, reflecting a decrease of 1.2 points or 0.55%. Today's price summary indicates that the stock has underperformed its sector by 0.62% and has reversed its trend after two consecutive days of gains. The stock's performance over the past week shows a rise of 3.01%, while it has increased by 4.99% over the past month. However, the stock has significantly underperformed over the year, with a return of -41.66%, coinciding with a 41.3% drop in profits. The company's low Debt to EBITDA ratio of 1.15 suggests a strong ability to service debt, but the flat results and poor long-term growth, evidenced by a -0.02% annual growth in net sales and a -17.38% decline in operating profit over the last five years, contribute to the stock's negative trajectory.In the broader market context, Huhtamaki India has underperformed compared to the benchmark, with the BSE 500 generating a return of 4.11% over the last year, while Huhtamaki's performance has been notably negative. Despite a recent uptick in short-term returns, the stock's long-term outlook remains bleak, as indicated by its significant decline in profitability and sales. The falling investor participation, with a 17.66% drop in delivery volume against the five-day average, further underscores the lack of confidence among investors, contributing to the stock's current downward movement.
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