Why is Latteys Industri falling/rising?
As of 26-Aug, Latteys Industries Ltd is priced at 20.05, down 3.47%, and has underperformed its sector. Despite a recent positive return of 2.04% over the week, the stock has declined significantly over the month and year-to-date, facing challenges with high debt and low profitability, leading to negative investor sentiment.
As of 26-Aug, Latteys Industries Ltd is currently priced at 20.05, reflecting a decline of 0.72, or 3.47%. The stock has underperformed its sector by 3.11% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 40.1% compared to the 5-day average. Over the past week, the stock has shown a positive return of 2.04%, but it has declined by 7.05% over the past month and has a year-to-date return of -37.56%. While the company reported positive net sales growth of 32.13% for the first nine months, it also faces challenges such as a high Debt to EBITDA ratio of 2.69 times and low profitability indicated by an average Return on Equity of 8.88%, contributing to its recent price decline.In the broader market context, the Sensex has experienced a slight decline of 1.08% over the past week and a marginal decrease of 0.50% over the past month, indicating that the stock's short-term performance is relatively better compared to the benchmark. However, the significant underperformance of Latteys Industries in terms of both price and liquidity suggests that investor sentiment is currently negative, likely influenced by concerns over the company's ability to service its debt and generate sustainable profits. The stock's long-term growth prospects appear poor, with an annual operating profit growth rate of only 18.93% over the last five years, which may further deter investors amidst a challenging market environment.
{{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
