Why is NB Footwear falling/rising?
As of 10-Jun, NB Footwear Ltd. is facing a stock price decline to 11.60, down 4.92%, and has underperformed its sector significantly. Despite a strong annual return, the company struggles with high debt and poor growth, leading to a bearish trend in its stock performance.
As of 10-Jun, NB Footwear Ltd. is experiencing a decline in its stock price, currently at 11.60, reflecting a decrease of 0.6 or 4.92%. The stock has underperformed its sector by 5.03% today and has seen consecutive falls over the last two days, totaling a decline of 9.66%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite generating a notable return of 64.54% over the past year, the company has a negative book value and weak long-term fundamental strength, with high debt levels and poor growth in net sales and operating profit over the last five years. The technical indicators suggest a bearish trend, further contributing to the stock's recent downward movement.In the broader market context, NB Footwear's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -14.33% compared to the Sensex's gain of 2.05%. Over the past month, the stock has fallen by 21.36%, while the Sensex has risen by 3.70%. This stark contrast highlights the stock's struggles amidst a generally positive market environment. The leather sector has gained by 2%, indicating that the decline in NB Footwear's stock is not reflective of the overall market trend, but rather specific challenges faced by the company itself.
{{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
