Why is NGL Fine Chem falling/rising?

Sep 10 2025 09:55 PM IST
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As of 10-Sep, NGL Fine Chem Ltd's stock price is Rs 1,409.00, down 1.12% and has declined 6.25% over three days, reflecting negative sentiment due to poor quarterly results and lack of mutual fund investment. The stock has significantly underperformed the market, with a -35.34% return over the past year compared to the Sensex's -0.61%.
As of 10-Sep, NGL Fine Chem Ltd is experiencing a decline in its stock price, currently at Rs 1,409.00, which reflects a decrease of Rs 16.00 or 1.12%. The stock has underperformed its sector by 1.5% today and has been on a downward trend, falling for three consecutive days with a total decline of 6.25% during this period. The stock's performance over the past week shows a decrease of 4.45%, while it has gained 17.50% over the past month. However, the company has reported negative results for the last three consecutive quarters, with a significant drop in profit after tax and a low return on capital employed, contributing to a negative sentiment around the stock. Additionally, the low participation from domestic mutual funds, which hold 0% of the company, may indicate a lack of confidence in its valuation and growth prospects.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has gained 1.06% over the past week. While the stock has underperformed the market significantly over the past year, with a return of -35.34% compared to the Sensex's -0.61%, it has also shown poor long-term growth, with operating profits growing at an annual rate of only 6.29% over the last five years. The stock's liquidity remains adequate for trading, but the falling delivery volume suggests waning investor interest, further exacerbating the downward pressure on its price.
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