Why is MSP Steel & Pow. falling/rising?
As of 23-Sep, MSP Steel & Power Ltd's stock price is Rs 38.59, up 3.65% today, but down 1.05% over the past week. Despite a strong monthly increase of 21.35% and long-term gains, the stock faces challenges with declining profits and reduced investor participation.
As of 23-Sep, MSP Steel & Power Ltd is experiencing a price increase, with its current price at Rs 38.59, reflecting a rise of 1.36 or 3.65%. Today's performance indicates that the stock has outperformed its sector by 2.36%, reaching an intraday high of Rs 38.59. However, it is important to note that the stock has shown a decline of 1.05% over the past week, despite a significant increase of 21.35% over the past month. The stock's moving averages indicate it is performing better than the 20-day, 50-day, 100-day, and 200-day averages, although it is below the 5-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 73.61% compared to the 5-day average. While the company has reported positive operating metrics, such as a high operating profit to interest ratio and a low debt-equity ratio, it has also faced challenges with a significant decline in profits over the past year.In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has declined by only 0.34% over the past week and increased by 0.98% over the past month. This suggests that while MSP Steel & Power Ltd has shown some short-term resilience, its overall year-to-date performance remains negative at -14.53%, compared to the Sensex's positive return of 5.07%. The stock's long-term performance has been impressive, with a 314.50% increase over three years and a 496.45% increase over five years, indicating potential for recovery despite recent struggles. The current trading price reflects a discount compared to its peers, suggesting that investors may see value in the stock, although the significant drop in profits raises concerns about its sustainability.
{{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
