Why is Kesar Terminals falling/rising?
As of 03-Jul, Kesar Terminals & Infrastructure Ltd's stock price is Rs 96.40, down 5.02%, and has underperformed its sector and the market over the past year. The company faces challenges such as a negative book value and declining financial metrics, contributing to its current stock price decline.
As of 03-Jul, Kesar Terminals & Infrastructure Ltd is experiencing a decline in its stock price, currently at Rs 96.40, reflecting a decrease of Rs 5.1 or 5.02%. Today's performance indicates that the stock has underperformed its sector by 5.04%, with an intraday low matching its current price. Over the past week, the stock has decreased by 3.60%, while it has shown a significant increase of 17.58% over the past month. However, despite these short-term fluctuations, the stock has underperformed over the last year, with a return of -9.91% compared to the Sensex's gain of 4.07%. The company is facing challenges, including a negative book value and weak long-term fundamental strength, as evidenced by declining net sales and operating profit over the past five years.Broader market context shows that while Kesar Terminals has had a strong performance over three and five years, with returns of 432.60% and 250.55% respectively, its recent performance has not kept pace with the broader market, which has generated a return of 2.20% over the last year. The stock's high debt levels and poor financial metrics, such as a low cash position and negative book value, contribute to its risk profile, making it less attractive to investors. This combination of underperformance relative to the market and concerning financial indicators likely explains the current downward pressure on the stock price.
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