Why is Kritika Wires falling/rising?
As of 19-Sep, Kritika Wires Ltd's stock price is declining at 9.05, down 1.09%, and has underperformed its sector. The company faces significant challenges with a 56.68% drop in returns over the past year and weak fundamentals, contributing to its poor market performance.
As of 19-Sep, Kritika Wires Ltd is experiencing a decline in its stock price, currently at 9.05, reflecting a decrease of 0.1 or 1.09%. The stock has underperformed its sector today by 1.29%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a slight decline of 0.55%, while it has gained 1.34% over the past month. However, the stock has faced significant challenges, with a staggering 56.68% drop in returns over the past year and a negative trend in operating profits, which have decreased by 16.2%. The company’s weak long-term fundamentals, indicated by a -10.67% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.43 times, further contribute to the stock's downward pressure.In the broader market context, the Sensex has shown resilience with a 0.85% gain over the past week and a 1.39% increase over the past month, contrasting sharply with Kritika Wires' performance. The stock's year-to-date return of -20.68% starkly contrasts with the Sensex's positive 7.11% return, highlighting its underperformance relative to the market. Despite a rise in investor participation, as indicated by a 141.77% increase in delivery volume, the overall sentiment remains negative due to the company's inability to generate sustainable profits and service its debt effectively. This combination of poor financial health and market conditions has led to the stock's current decline.
{{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
