Why is John Cockerill falling/rising?

Aug 04 2025 08:44 PM IST
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As of 04-Aug, John Cockerill India Ltd's stock price is Rs 4,239.90, down 0.97%, reflecting ongoing underperformance with a 1-year return of -21.29% and concerning financial fundamentals, including negative EBITDA and weak debt servicing ability. Investor interest is waning, as shown by a 67.72% drop in delivery volume compared to the 5-day average.
As of 04-Aug, John Cockerill India Ltd is experiencing a decline in its stock price, currently at Rs 4,239.90, which reflects a decrease of Rs 41.4 or 0.97%. The stock has been underperforming recently, having fallen consecutively for the last two days with a total return of -1.53%. Although it touched an intraday high of Rs 4,425 earlier in the day, the overall performance has been weak, with a 1-week return of -0.35% compared to the Sensex's gain of +0.16%. The stock's long-term fundamentals are concerning, highlighted by a staggering -268.42% CAGR growth in operating profits over the last five years and a negative EBITDA, indicating significant financial instability. Additionally, the company's ability to service its debt is weak, as evidenced by a poor EBIT to Interest ratio of -0.32, which further dampens investor confidence.

In the broader market context, John Cockerill's performance has been notably worse than the benchmark, with a 1-year return of -21.29% compared to the Sensex's slight gain of +0.05%. This underperformance is compounded by a significant drop in investor participation, with delivery volume falling by 67.72% against the 5-day average, suggesting a lack of interest from investors. Despite the stock's recent outperformance of its sector by 0.31%, the overall sentiment remains bearish, particularly as domestic mutual funds hold no stake in the company, indicating a lack of confidence in its future prospects.
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