Why is Omax Autos falling/rising?
As of 25-Aug, Omax Autos Ltd's stock is priced at Rs 154.00, down 0.65%, following a recent decline in trading volume and investor participation. Despite strong long-term performance and positive financial results, the stock's recent volatility and underperformance relative to its sector may be affecting investor sentiment.
As of 25-Aug, Omax Autos Ltd's stock is currently priced at Rs 154.00, reflecting a decline of Rs 1.0 or 0.65%. The stock has been underperforming recently, having fallen for the last two consecutive days with a total decline of 1.44%. Despite this, the stock has shown strong performance over the past week, gaining 1.78%, and has significantly outperformed the benchmark Sensex over various periods, including a remarkable 199.61% increase over the last three years. However, today's trading volume indicates a decrease in investor participation, with delivery volume falling by 29.68% against the five-day average, which may contribute to the stock's recent price decline.In the broader market context, Omax Autos has outperformed the Sensex in the short term, but the recent drop in price suggests some volatility despite its strong long-term performance. The company has reported positive financial results over the last 11 quarters, with a substantial growth in profit after tax and a low debt-equity ratio, indicating a solid financial position. However, the stock's recent underperformance relative to its sector and the decline in trading volume may be causing investors to reassess their positions, leading to the current price drop. Overall, while the company has strong fundamentals, the recent market dynamics and investor sentiment appear to be influencing the stock's price negatively.
{{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
