Why is North Eastn.Car. falling/rising?
As of 18-Sep, North Eastern Carrying Corporation Ltd's stock price is at 21.42, up 3.33% today, but has declined 39.68% year-to-date. Despite short-term gains, the stock's long-term outlook is negative due to poor performance and high debt levels.
As of 18-Sep, North Eastern Carrying Corporation Ltd's stock price is currently at 21.42, reflecting an increase of 0.69 or 3.33%. The stock has shown a positive performance today, outperforming its sector by 3.39%. In terms of returns, the stock has gained 3.88% over the past week, although it has experienced a decline of 3.30% over the last month and a significant drop of 39.68% year-to-date. Despite the recent uptick, the stock has a low Return on Capital Employed (ROCE) of 6.3, indicating a very attractive valuation compared to its peers, but it also has a high Debt to EBITDA ratio of 5.77 times, which raises concerns about its ability to service debt. Additionally, the stock's profits have fallen by 18.1% over the past year, contributing to its overall negative performance.In the broader market context, the stock's short-term return of 3.88% over the past week significantly outperforms the Sensex, which has only increased by 1.80% during the same period. However, the stock's long-term performance remains concerning, with a decline of 34.29% over the past year, which is notably worse than the Sensex's minimal gain of 0.08%. The stock's weak long-term fundamental strength, characterized by poor growth in net sales and operating profit, further exacerbates its underperformance compared to the broader market. Overall, while there is a short-term positive movement, the long-term outlook remains bleak, indicating potential challenges ahead for investors.
{{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
