Why is Jayshree Chem. falling/rising?
As of 12-Sep, Jayshree Chemicals Ltd is currently priced at 7.25, reflecting a 2.11% increase, but it has underperformed over the long term with a year-to-date return of -22.04%. Despite recent short-term gains, the company's fundamental challenges and negative growth prospects indicate a difficult outlook.
As of 12-Sep, Jayshree Chemicals Ltd is experiencing a price increase, currently at 7.25, with a change of 0.15, representing a rise of 2.11%. Today's price summary indicates that the stock has outperformed its sector by 1.23%, and there has been a significant increase in investor participation, with delivery volume rising by 487.82% compared to the 5-day average. However, the stock's performance over the past month shows a slight decline of 0.28%, and it has underperformed the benchmark over the longer term, with a year-to-date return of -22.04%. The company faces challenges, including operating losses and a weak ability to service its debt, which contribute to its overall weak long-term fundamental strength.In the broader market context, the stock's short-term performance of +2.84% over the past week outpaces the Sensex's gain of +1.48%, indicating a positive trend relative to the benchmark. Despite this, the stock has consistently underperformed against the benchmark over the last three years, with a significant decline of -25.03% in the past year compared to the Sensex's -1.28%. This underperformance, coupled with negative EBITDA and poor long-term growth prospects, suggests that while there may be short-term gains, the overall outlook for Jayshree Chemicals Ltd remains challenging.
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