Why is NELCO falling/rising?
As of 22-Jul, NELCO Ltd's stock price is 876.40, up 0.5%, but it has underperformed its sector and is trading below key moving averages. Despite a low Debt to EBITDA ratio, the company faces challenges with declining profits and lack of institutional investment, contributing to a year-to-date decline of 30.72%.
As of 22-Jul, NELCO Ltd's stock price is currently at 876.40, reflecting an increase of 4.4, or 0.5%. The stock has been gaining for the last two days, with a total return of 1.58% during this period. However, it has underperformed its sector by 0.29% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has experienced a significant decline in delivery volume, which fell by 62.97% compared to the 5-day average. Despite a strong ability to service debt indicated by a low Debt to EBITDA ratio of 1.01 times, the company has shown poor long-term growth, with operating profit declining at an annual rate of -11.27% over the last five years. Recent negative results, including a 49.4% drop in profit before tax and a 24.4% decrease in profit after tax compared to previous quarters, further contribute to the stock's challenges.In the broader market context, NELCO's performance over the past week shows a decline of 0.57%, which is slightly worse than the Sensex's decline of 0.47%. Year-to-date, NELCO has significantly underperformed the benchmark, with a decline of 30.72% compared to the Sensex's increase of 5.18%. While the stock has generated a return of 10.17% over the past year, its profits have fallen dramatically by 69.9%, indicating underlying issues that may deter investor confidence. The lack of domestic mutual fund investment, which stands at 0%, suggests that institutional investors may not be comfortable with the stock's current valuation or business outlook, further impacting its market performance.
{{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
