Why is Jyoti CNC Auto. falling/rising?
As of 16-Jul, Jyoti CNC Automation Ltd's stock price is 1,037.60, up 0.97%. Despite recent short-term gains, the stock has a year-to-date decline of 23.08% and faces challenges in sustaining momentum due to high valuation metrics and long-term underperformance.
As of 16-Jul, Jyoti CNC Automation Ltd's stock price is currently at 1,037.60, reflecting an increase of 10.0 or 0.97%. The stock has shown a positive trend recently, gaining 2.33% over the last three days and outperforming its sector by 0.83% today. Despite a longer-term decline, with a year-to-date drop of 23.08%, the company has demonstrated strong fundamentals, including a low Debt to EBITDA ratio of 0.38 times and impressive growth in net sales and operating profit. The stock has also seen rising investor participation, with delivery volume increasing by 18.9% compared to the five-day average.In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has outperformed the Sensex by 1.83% over the past week while the Sensex has declined by 1.08%. However, the stock has consistently underperformed against the benchmark over the past three years, generating negative returns of 15.27% in the last year. This underperformance, coupled with a high valuation indicated by a ROCE of 22.1 and an expensive PEG ratio of 0.6, suggests that while the stock is experiencing a short-term rise, it faces challenges in maintaining this momentum in the longer term.
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