Why is Indowind Energy falling/rising?
As of 15-Sep, Indowind Energy Ltd's stock price is at 16.95, down 1.97%, and has underperformed its sector by 2.2%. The stock has declined 29.38% year-to-date, indicating weak long-term fundamentals despite recent positive sales results.
As of 15-Sep, Indowind Energy Ltd's stock price is currently at 16.95, reflecting a decrease of 0.34, or 1.97%. The stock has underperformed its sector today by 2.2% and has experienced a trend reversal, falling after two consecutive days of gains. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 1.85%, and it has seen a significant drop of 29.38% year-to-date. Although the company reported positive results in June 2025, with net sales growing by 57.01% and a notable increase in profit before tax, its long-term fundamentals remain weak, evidenced by a low return on capital employed (ROCE) of 1.31% and a high debt-to-EBITDA ratio of 3.76 times. This combination of factors contributes to the stock's recent decline.In the broader market context, the Sensex has increased by 1.24% over the past week, contrasting sharply with Indowind Energy's negative performance. The stock's year-to-date decline of 29.38% further highlights its underperformance compared to the benchmark, which has gained 4.67% in the same period. Additionally, the stock has generated a return of -31.18% over the past year, while the BSE500 has shown a more stable performance. This disparity indicates that Indowind Energy is struggling not only in the short term but also in the long term, as it has consistently underperformed against broader market indices.
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