Why is India Cements falling/rising?
As of 22-Sep, India Cements Ltd's stock price is Rs 390.60, down 2.07%, and has underperformed its sector and the market recently. Despite a positive monthly return, weak long-term fundamentals and declining profits raise investor concerns about its sustainability.
As of 22-Sep, India Cements Ltd is experiencing a decline in its stock price, currently at Rs 390.60, which reflects a decrease of Rs 8.25 or 2.07%. The stock has underperformed its sector by 2.39% today and has been on a downward trend for the last three days, accumulating a total loss of 4.03%. Despite a positive performance over the past month with a return of 3.84%, the stock's recent movement is concerning, especially given the weak long-term fundamentals indicated by a -216.07% CAGR growth in operating profits over the last five years and a negative EBITDA. Additionally, the company's ability to service its debt is weak, as evidenced by a poor EBIT to Interest ratio of -0.37, which may contribute to investor apprehension.In the broader market context, while the Sensex has shown a slight increase of 0.46% over the past week, India Cements has declined by 2.04% during the same period. This indicates that the stock is not only underperforming relative to the market but also facing challenges in attracting investor participation, as evidenced by a 23.36% drop in delivery volume compared to the five-day average. Although the stock has outperformed the broader market over the past year with a return of 7.84%, the significant drop in profits by 48.1% raises concerns about its sustainability, leading to a cautious outlook among investors.
{{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
