Why is Lotus Chocolate falling/rising?
As of 18-Jul, Lotus Chocolate Company Ltd's stock price is 1,279.20, down 4.76% and has declined 10.52% over the last three days. Despite recent short-term struggles, the company shows strong long-term growth with significant increases in net sales and profit.
As of 18-Jul, Lotus Chocolate Company Ltd's stock price is currently at 1,279.20, reflecting a decline of 64.0 points or 4.76%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 10.52% during this period. Today, it opened with a loss of 3.22% and reached an intraday low of Rs 1276.05. Over the past week, the stock has decreased by 3.09%, and in the last month, it has seen a significant decline of 8.97%. Despite these short-term challenges, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 59.95% and net profit growing by 110.56%, indicating a robust operational performance.In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 0.90% over the past week. While Lotus Chocolate has outperformed the benchmark over the long term, achieving a remarkable 73.86% return in the last year, its recent struggles highlight a divergence in short-term performance. The stock's liquidity remains adequate, with rising investor participation noted, suggesting that while the stock is facing short-term pressures, the underlying fundamentals and long-term growth potential may still attract investors.
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