Why is NELCO falling/rising?
As of 21-Jul, NELCO Ltd's stock price is at 872.00, up 1.07%, but has declined 3.69% and 18.05% over the past week and month, respectively. Despite a slight increase in investor participation, the stock's long-term outlook is uncertain due to poor growth and high valuation concerns.
As of 21-Jul, NELCO Ltd's stock price is currently at 872.00, reflecting an increase of 9.2, or 1.07%. Despite this uptick, the stock has shown a negative performance over the past week and month, with declines of 3.69% and 18.05%, respectively. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. However, there has been a slight increase in investor participation, with delivery volume rising by 0.92% against the 5-day average. The company has a low Debt to EBITDA ratio of 1.01 times, suggesting a strong ability to service debt, but it faces challenges with poor long-term growth, as evidenced by a -11.27% annual rate of operating profit decline over the last five years.In the broader market context, NELCO's performance has been relatively weak compared to the Sensex, which has seen a minimal decline of 0.06% over the past week. While NELCO has generated an 11.27% return over the past year, its profits have significantly decreased by -69.9%, raising concerns about its valuation, which is considered expensive with a 12.2 Enterprise value to Capital Employed. The lack of investment from domestic mutual funds, holding only 0% of the company, may indicate a lack of confidence in its current price or business prospects. Overall, while the stock has experienced a slight rise today, its long-term outlook remains uncertain due to these underlying issues.
{{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
