Why is Keystone Realtor falling/rising?
As of 01-Jul, Keystone Realtors Ltd is currently priced at Rs 633.45, reflecting a 3.73% increase, with strong short-term performance but long-term underperformance against the Sensex. Despite positive indicators like increased delivery volume and recent gains, the company faces challenges with high debt levels and low profitability.
As of 01-Jul, Keystone Realtors Ltd is experiencing a price increase, currently at Rs 633.45, which reflects a rise of Rs 22.8 or 3.73%. The stock has shown strong performance today, outperforming its sector by 3.84% and achieving a consecutive gain over the last three days with a total return of 11.41%. It reached an intraday high of Rs 666, indicating significant investor interest. The stock is trading above its moving averages across various time frames, and there has been a notable increase in delivery volume, which rose by 118.44% compared to the five-day average. However, despite these positive indicators, the company faces challenges such as a high Debt to EBITDA ratio of 4.31 times, indicating a low ability to service debt, and a relatively low Return on Equity of 5.79%, suggesting limited profitability.In the broader market context, Keystone Realtors has outperformed the Sensex in the short term, with a one-week return of +13.25% compared to the Sensex's +2.00%. However, the stock has underperformed over the longer term, with a year-to-date return of -6.80% against the Sensex's +7.11%. This consistent underperformance over the past three years highlights the challenges the company faces, despite recent positive sales growth and operating profit increases. The stock's valuation appears expensive with a Price to Book Value of 2.9, and while it trades at a discount compared to peers, the overall financial health and profitability metrics suggest caution among investors.
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