Why is Inox Green falling/rising?
As of 18-Sep, Inox Green Energy Services Ltd is currently priced at Rs 185.10, reflecting a recent increase but facing significant long-term challenges, including negative operating profit growth and reduced institutional stakes. Despite outperforming the Sensex in the short term, the stock has underperformed over the past year, indicating volatility and risks for long-term investors.
As of 18-Sep, Inox Green Energy Services Ltd is experiencing a price increase, currently at Rs 185.10, reflecting a rise of 8.85 or 5.02%. The stock has shown strong performance recently, gaining 7.96% over the last four days and outperforming its sector by 5.48% today. It is trading above all key moving averages, indicating positive momentum. However, the company faces significant challenges, including a weak long-term fundamental strength with a staggering -400.67% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of -0.10. Additionally, institutional investors have reduced their stakes by -4.13%, which may contribute to concerns about the stock's long-term viability.Broader market context shows that Inox Green has outperformed the Sensex in the short term, with a 1-week return of +7.52% compared to the Sensex's +1.80%. However, the stock has underperformed over the past year, with a return of -15.13% against the market's slight decline of -1.96%. This disparity highlights the stock's volatility and the risks associated with its negative operating profits and low profitability metrics, which may deter long-term investors despite its recent price gains.
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