Why is NRB Indl Bearing falling/rising?
As of 20-Jun, NRB Industrial Bearings Ltd's stock price is declining at Rs 26.35, down 4.18%, with significant underperformance compared to its sector and a negative outlook due to weak fundamentals and high debt levels. Despite a year-to-date return of +10.71%, the stock has seen a -24.30% return over the past year, indicating a risky investment environment.
As of 20-Jun, NRB Industrial Bearings Ltd is experiencing a decline in its stock price, currently at Rs 26.35, which reflects a decrease of Rs 1.15 or 4.18%. Today's price summary indicates that the stock has underperformed its sector by 5.94% and has fallen after two consecutive days of gains. The stock reached an intraday low of Rs 26.26, and trading volume has significantly decreased, with delivery volume dropping by 62.88% compared to the five-day average. Over the past week, the stock has seen a return of -8.79%, contrasting with a positive return of +1.59% for the Sensex. Additionally, the company has a negative book value and weak long-term fundamentals, with poor growth rates in net sales and operating profit over the last five years, which may contribute to the current price decline.In the broader market context, while NRB Industrial Bearings has shown a year-to-date return of +10.71%, it has underperformed the BSE 500 over the last year, generating a return of -24.30% compared to the benchmark's +6.36%. This underperformance in both the short and long term, coupled with high debt levels and negative EBITDA, indicates a risky investment environment for the stock. The company's recent positive financial results, such as a high debtors turnover ratio and cash equivalents, are overshadowed by its overall weak growth and negative sentiment among investors, leading to the current downward trend in stock price.
{{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
