Why is North Eastn.Car. falling/rising?
As of 17-Sep, North Eastern Carrying Corporation Ltd's stock price is at 20.73, down 1.19%, and has significantly underperformed its sector and the broader market. Despite an attractive valuation, the stock's poor performance is driven by declining profits and high debt levels, resulting in a year-to-date drop of 41.62%.
As of 17-Sep, North Eastern Carrying Corporation Ltd's stock price is currently at 20.73, reflecting a decrease of 0.25, or 1.19%. The stock has underperformed its sector by 1.28% today and is trading below all key moving averages, indicating a bearish trend. Over the past week, the stock has declined by 0.38%, and it has experienced a significant drop of 41.62% year-to-date. Despite a very attractive valuation with a ROCE of 6.3 and trading at a discount compared to peers, the stock's performance has been hindered by a 39.45% decline in profits over the past nine months and a high Debt to EBITDA ratio of 5.77 times, which raises concerns about its ability to service debt.In the broader market context, the Sensex has risen by 1.56% over the past week, contrasting sharply with North Eastern Carrying Corporation's negative performance. The stock's weak long-term fundamentals, including a low growth rate in net sales and operating profit, have contributed to its underperformance relative to the benchmark indices over various periods. The stock has generated a return of -37.45% in the last year, while the Sensex has only slightly declined by 0.46%. This stark difference highlights the challenges faced by North Eastern Carrying Corporation in attracting investor confidence amidst a generally positive market environment.
{{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
