Why is Kirl. Electric falling/rising?
As of 12-Sep, Kirloskar Electric Company Ltd is priced at 122.20, down 1.21%, and has underperformed its sector today. Despite recent gains, the stock has declined 39.35% over the year due to weak fundamentals and high pledged shares, contributing to negative investor sentiment.
As of 12-Sep, Kirloskar Electric Company Ltd is currently priced at 122.20, reflecting a decrease of 1.5, or 1.21%. The stock has underperformed its sector by 1.96% today and has experienced a trend reversal, falling after two consecutive days of gains. Despite a positive performance over the past week and month, with returns of 4.62% and 3.17% respectively, the stock has significantly underperformed over the year, with a decline of 39.35%. Key negative factors contributing to this decline include weak long-term fundamentals, as evidenced by a low Return on Capital Employed (ROCE) of 7.71% and a high Debt to EBITDA ratio of 3.75 times. Additionally, 75.55% of promoter shares are pledged, which can exert downward pressure on the stock price in a falling market.Broader Market Context: In the context of the broader market, the stock's performance has been notably weaker than the benchmark, with the BSE500 index generating a return of -3.45% over the past year, while Kirloskar Electric's return was significantly worse at -39.35%. This stark contrast highlights the company's struggles relative to the market, further compounded by flat results and declining profits. The stock's liquidity appears adequate for trading, but the overall sentiment remains negative due to its poor long-term growth prospects and high levels of pledged shares, which may deter investor confidence.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
