Why is Lakshmi Engg. falling/rising?
As of 01-Jul, Lakshmi Engineering & Warehousing Ltd's stock price is 2,400.00, down 0.47% and has declined 12.63% over the last two days. The stock has underperformed its sector and the broader market, with a year-to-date drop of 2.00% and a significant annual decline of 21.09%, indicating a poor long-term growth outlook.
As of 01-Jul, Lakshmi Engineering & Warehousing Ltd's stock price is currently at 2,400.00, reflecting a decrease of 11.25 points or 0.47%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 12.63% during this period. It has also underperformed its sector by 0.73% today. Over the past week, the stock has decreased by 2.80%, while it has shown a modest gain of 5.45% over the past month. However, its year-to-date performance is down by 2.00%, and it has significantly underperformed over the last year with a return of -21.09%. The company has a low debt-to-equity ratio, but its operating profit has declined at an annual rate of -37.11% over the last five years, contributing to its poor long-term growth outlook.Broader Market Context: In comparison to the benchmark, the Sensex has gained 2.00% over the past week and 2.76% over the past month, indicating that Lakshmi Engineering is lagging behind the broader market trends. While the stock has shown impressive returns over the long term, with a 322.39% increase over three years and a staggering 7592.31% over five years, its recent performance has been disappointing. The stock's valuation appears expensive relative to its peers, with a price-to-book value of 7.4, and its return on equity stands at a low 3.9%. This combination of factors, including declining profits and underperformance relative to the market, suggests that investor sentiment may be negatively impacted, contributing to the stock's recent 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
Most Read
