Why is Odigma Consultan falling/rising?
As of 13-Oct, Odigma Consultancy Solutions Ltd's stock price is Rs 42.50, up 4.73%, with a recent two-day gain of 9.96%. Despite this short-term rise, the company has a low ROE of 0.37% and a year-to-date decline of 38.15%, indicating ongoing challenges that may impact long-term growth.
As of 13-Oct, Odigma Consultancy Solutions Ltd is experiencing a rise in its stock price, currently at Rs 42.50, reflecting an increase of 1.92 or 4.73%. The stock has shown strong performance today, outperforming its sector by 7.51% and has gained consecutively over the last two days, accumulating a total return of 9.96% during this period. Additionally, the stock opened with a gain of 4.73% today and reached an intraday high of Rs 42.6. However, it is important to note that the company has a low Return on Equity (ROE) of 0.37%, indicating poor management efficiency and low profitability per unit of shareholders' funds. Furthermore, the company reported negative results in June, with net sales falling by 44.5% compared to the previous four-quarter average, which may weigh on investor sentiment despite the recent price increase.In the broader market context, Odigma's short-term return of 6.54% over the past week significantly outpaces the Sensex, which has only increased by 0.66% during the same period. While the stock has shown positive momentum recently, it is essential to consider that its year-to-date performance remains negative at -38.15%, contrasting sharply with the Sensex's gain of 5.36%. This disparity suggests that while the stock is currently rising, it has faced significant challenges throughout the year, and the recent gains may not fully reflect the underlying issues affecting the company's long-term growth potential.
{{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
