Why is Last Mile Enter. falling/rising?

Aug 29 2025 10:26 PM IST
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As of 29-Aug, Last Mile Enterprises Ltd is priced at 11.90, up 3.48% recently, but has significantly underperformed over longer periods with a year-to-date decline of -65.71%. Despite strong recent sales growth, the stock's long-term outlook remains weak, reflected in its poor historical performance compared to the market.
As of 29-Aug, Last Mile Enterprises Ltd is currently priced at 11.90, reflecting an increase of 0.4 or 3.48%. The stock has been gaining for the last two days, with a total return of 4.2% during this period. Despite this recent uptick, the stock has underperformed significantly over longer time frames, with a one-week return of -4.88% and a year-to-date decline of -65.71%. The company has reported very positive results, including a remarkable growth in net sales of 16349.73% and consistent positive results over the last four quarters, which may have contributed to the recent price increase. However, the stock is trading below its moving averages and has a weak long-term fundamental strength, indicated by an average return on equity of 3.22%.

In the broader market context, the stock has outperformed its sector by 4.14% today, but its one-month performance shows a significant decline of -28.96%, while the benchmark Sensex has only decreased by -1.88%. This suggests that while the stock is experiencing a short-term rebound, it is still facing substantial challenges compared to the overall market. The stock's long-term performance remains concerning, with a one-year return of -83.68%, indicating that despite recent positive sales growth, investor sentiment may still be cautious due to its historical underperformance against broader indices.
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