Why is Kush Industries falling/rising?
As of 03-Sep, Kush Industries Ltd is priced at 8.25, up 4.17% today but trading below key moving averages and facing significant challenges such as high debt and negative book value. Despite a short-term price increase, the stock has underperformed year-to-date and over the past month, indicating ongoing long-term difficulties.
As of 03-Sep, Kush Industries Ltd is currently priced at 8.25, reflecting an increase of 0.33 or 4.17%. The stock has shown a positive performance today, outperforming its sector by 3.22% and has experienced consecutive gains over the last two days, with a total return of 7.14% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in momentum. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 73.4% compared to the 5-day average. The company faces challenges with a negative book value, weak long-term growth, and high debt levels, which contribute to its classification as a strong sell.In the broader market context, Kush Industries has not performed well over the longer term, with a year-to-date return of -17.09%, while the Sensex has gained 3.11%. Over the past month, the stock has declined by 7.61%, contrasting with the Sensex's minimal change of -0.04%. This underperformance highlights the stock's struggles relative to the benchmark, particularly in light of its negative EBITDA and declining profits, which have fallen by 4% over the past year. Overall, while there is a short-term uptick in price, the long-term fundamentals and market conditions suggest ongoing challenges for Kush Industries.
{{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
Most Read
