Why is Madhav Copper falling/rising?
As of 14-Jul, Madhav Copper Ltd's stock price is at 53.13, down 1.97%, with significant declines in delivery volume and overall performance compared to its sector. Despite strong past results, current fundamentals indicate a weak long-term outlook, leading to a decline in stock value.
As of 14-Jul, Madhav Copper Ltd's stock price is currently at 53.13, reflecting a decline of 1.07, or 1.97%. The stock has underperformed its sector today by 4.19%, and its delivery volume has significantly decreased by 48.39% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 1.36%, and it has seen a notable decline of 8.36% over the past month, contrasting with a positive return of 46.57% over the last year. While the company has reported positive results for the last five consecutive quarters, including a record net sales figure, its long-term fundamental strength is weak, highlighted by a negative CAGR growth in operating profits over the past five years and a low return on equity.In the broader market context, the Sensex has decreased by 1.49% over the past week, which is slightly worse than Madhav Copper's performance. However, the stock's year-to-date performance is significantly worse than the benchmark, with a decline of 10.12% compared to the Sensex's gain of 6.08%. Despite the stock's strong long-term performance, including a 118.19% increase over three years, the current valuation appears expensive relative to its fundamentals, as indicated by a poor EBIT to interest ratio and a low return on capital employed. This combination of factors suggests that while the stock has had periods of strong performance, current trends and fundamentals are leading to its decline.
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