Why is Integra Essentia falling/rising?
As of 04-Sep, Integra Essentia Ltd's stock price is 1.92, down 0.52%. While it has shown short-term gains, its long-term performance is poor, with a significant decline over the past year and weak fundamentals, indicating a challenging outlook.
As of 04-Sep, Integra Essentia Ltd's stock price is currently at 1.92, reflecting a decrease of 0.01 or 0.52%. The stock has recently outperformed its sector by 0.55%, but it has also experienced a trend reversal after two consecutive days of gains. In terms of performance, the stock has shown a 1-week return of +1.05%, although it has declined by 3.52% over the past month and a significant 52.12% over the last year. The company has a very attractive valuation with a return on capital employed (ROCE) of 0.7, but it has also faced challenges, including an 88% drop in profits over the past year and a weak long-term fundamental strength indicated by a -51.64% compound annual growth rate (CAGR) in operating profits over the last five years.In the broader market context, the stock's recent performance contrasts with the Sensex, which has increased by 0.80% over the past week. While the stock's short-term return is positive, its long-term performance has been underwhelming, with a year-to-date decline of 41.99% compared to a 3.30% increase in the benchmark. The company's ability to service its debt is weak, and it has underperformed the BSE500 in various time frames, indicating a challenging environment for the stock. Overall, despite some positive short-term indicators, the long-term outlook remains concerning, contributing to the stock's current downward movement.
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