Why is Neil Industries falling/rising?
As of 03-Jul, Neil Industries Ltd's stock price is declining at 7.84, down 0.76%, and has underperformed its sector and benchmarks significantly. The company faces weak fundamentals, declining investor interest, and a substantial year-to-date drop of 39.69%.
As of 03-Jul, Neil Industries Ltd is experiencing a decline in its stock price, currently at 7.84, reflecting a decrease of 0.06 or 0.76%. The stock has underperformed its sector today by 1.06%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has seen a slight decline of 0.13%, while its performance over the last month shows a significant drop of 11.91%. The company has also faced a substantial decline in investor participation, with delivery volume falling by 57.81% compared to the 5-day average. Additionally, the company has weak long-term fundamentals, evidenced by a -14.59% CAGR growth in net sales over the last five years and a low return on equity of 2.36%, indicating poor profitability.In the broader market context, Neil Industries' performance has been notably worse than the benchmark, with a year-to-date decline of 39.69% compared to a 6.53% increase in the Sensex. The stock has consistently underperformed the BSE500 over various time frames, including the last three years and one year, where it generated a return of -54.42%. This underperformance is compounded by the company's weak ability to service its debt and a very expensive valuation relative to its peers. Overall, the combination of poor financial metrics, declining investor interest, and significant underperformance against the benchmark contributes to the stock's downward trajectory.
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