Why is Keystone Realtor falling/rising?
As of 11-Nov, Keystone Realtors Ltd's stock price is Rs 533.95, down 2.15%, and has declined 5.7% over the last five days. Contributing factors include a 66.2% drop in profit after tax and low return on equity, indicating significant underperformance compared to the broader market.
As of 11-Nov, Keystone Realtors Ltd is experiencing a decline in its stock price, currently at Rs 533.95, which represents a decrease of Rs 11.75 or 2.15%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a total drop of 5.7% during this period. Additionally, the stock has shown poor performance over the past week and month, with declines of 4.90% and 14.14%, respectively. Key negative factors contributing to this downturn include a significant drop in profit after tax, which fell by 66.2% compared to the previous four-quarter average, and a weak long-term fundamental strength indicated by a -0.32% CAGR growth in operating profits over the last five years. The stock's return on equity is low at 5.79%, and it is trading at a high price-to-book value ratio of 2.5, suggesting an expensive valuation relative to its profitability.In the broader market context, the Sensex has shown a positive return of 0.49% over the past week, contrasting sharply with Keystone Realtors' negative performance. This indicates that while the overall market is experiencing gains, Keystone is lagging significantly behind, further highlighting its underperformance. The stock's year-to-date return of -21.44% and one-year return of -26.55% also reflect a consistent trend of underperformance compared to the benchmark indices. Despite a slight increase in investor participation, as evidenced by a 7.18% rise in delivery volume, the overall sentiment remains negative due to the company's weak financial metrics and declining profitability.
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