Why is M B Agro Prod. falling/rising?
As of 29-Sep, Madhya Bharat Agro Products Ltd's stock price is declining at 386.25, down 5.49%, and has underperformed its sector. Despite strong long-term growth and a year-to-date increase of 68.34%, the stock's high valuation and lack of mutual fund investment may be contributing to its recent price drop.
As of 29-Sep, Madhya Bharat Agro Products Ltd is experiencing a decline in its stock price, currently at 386.25, reflecting a decrease of 22.45 points or 5.49%. The stock has underperformed its sector by 4.49% today, and while it is trading higher than its 200-day moving average, it is lower than its 5-day, 20-day, 50-day, and 100-day moving averages. Over the past week, the stock has dropped by 9.34%, despite a strong year-to-date performance of 68.34% and a remarkable 79.69% increase over the past year. The company has shown healthy long-term growth with a significant rise in net sales and operating profit, but its valuation appears expensive, which may be contributing to the recent price drop.In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex declining only 2.25% over the same week. Despite the stock's impressive long-term returns, the lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence among institutional investors regarding its current valuation. This could be influencing the stock's recent downward movement, as investors may be cautious given the company's high PEG ratio of 0.3 and the perception of an expensive valuation relative to its peers.
{{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
