Why is Jupiter Wagons falling/rising?
As of 18-Sep, Jupiter Wagons Ltd's stock price is 344.75, down 0.61%, and has underperformed its sector. Despite long-term growth potential, recent poor financial results and a significant decline in operating profit have led to a substantial year-to-date drop of 31.18%.
As of 18-Sep, Jupiter Wagons Ltd is experiencing a decline in its stock price, currently at 344.75, reflecting a decrease of 2.1 points or 0.61%. The stock has underperformed its sector today by 0.75%, and while it is above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages. The stock has shown a mixed performance over various periods, with a 1-week increase of 3.45% and a 1-month increase of 6.08%, but it has significantly underperformed year-to-date and over the past year, with declines of 31.18% and 35.44%, respectively. The company has reported a substantial fall in operating profit by 53.43%, leading to very negative quarterly results, which has contributed to the stock's downward movement.In the broader market context, the Sensex has increased by 1.80% over the past week, indicating that Jupiter Wagons' recent performance is lagging behind the market. Despite the stock's long-term growth potential, evidenced by a 370.65% return over three years, its current valuation appears expensive with a Price to Book Value of 5.3, and it has faced significant profit declines of 10.4% over the past year. Additionally, the company's low debt-to-equity ratio and healthy long-term sales growth are overshadowed by the recent poor financial results and falling investor participation, as indicated by a 60.47% drop in delivery volume against the 5-day average.
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