Why is Indostar Capital falling/rising?
As of 02-Jul, Indostar Capital Finance Ltd's stock price is Rs. 353.75, down 2.28% after hitting a 52-week high. Despite strong long-term performance and recent outperformance against the Sensex, concerns over weak fundamentals and high valuation may be driving the recent decline.
As of 02-Jul, Indostar Capital Finance Ltd's stock price is currently at Rs. 353.75, reflecting a decrease of Rs. 8.25 or 2.28%. The stock has recently hit a new 52-week high of Rs. 368.55 but has underperformed its sector by 1.05% today. After two consecutive days of gains, the stock has reversed its trend, touching an intraday low of Rs. 350.8, indicating a decline in investor participation with a delivery volume drop of 33.28% compared to the 5-day average. Despite this, the stock has shown strong long-term performance, with a 42.35% return over the past year and a significant increase in institutional investor participation, which has risen by 0.68% over the previous quarter.In the broader market context, Indostar Capital's short-term performance of +1.83% over the past week outpaces the Sensex's gain of +0.79%. However, the stock's recent decline may be attributed to weak long-term fundamentals, including a low return on equity of 2.22% and a concerning drop in net sales growth. Additionally, the company's latest quarterly results showed a significant decline in profit after tax, which could be contributing to investor caution. While the stock has outperformed the benchmark in the long term, the current valuation appears expensive relative to its peers, which may be influencing the recent price drop.
{{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
