Why is North Eastn.Car. falling/rising?
As of 09-Sep, North Eastern Carrying Corporation Ltd's stock price is 21.04, having risen slightly recently but showing negative performance over the past week and month. Despite a recent uptick, the stock's long-term outlook is concerning due to weak fundamentals and underperformance compared to the broader market.
As of 09-Sep, North Eastern Carrying Corporation Ltd's stock price is currently at 21.04, reflecting a rise of 0.1 (0.48%). The stock has been gaining for the last three days, with a total return of 1.06% during this period, and it has outperformed its sector by 0.89%. However, the stock has shown a negative performance over the past week and month, with declines of 3.04% and 4.62%, respectively. Despite its recent gains, the stock is trading below its moving averages across various time frames, indicating potential weakness. The company has a Return on Capital Employed (ROCE) of 6.3, which is considered attractive, yet its profits have decreased by 18.1% over the past year, contributing to a significant decline of 33.73% in stock returns over the last year.In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has increased by 1.18% over the past week and 1.56% over the past month. This underperformance is further highlighted by the stock's long-term trends, where it has lagged behind the BSE500 index over the last three years and one year. The company's fundamentals are weak, with a high Debt to EBITDA ratio and low growth rates in net sales and operating profit, which may deter investor confidence. Overall, while the stock has seen a slight uptick recently, its long-term outlook remains concerning, contributing to its overall decline in value compared to the broader market.
{{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
