Why is Orient Press falling/rising?
As of 09-Sep, Orient Press Ltd's stock price is at 88.00, having increased by 1.21% recently. However, it has underperformed against the Sensex over the past week and year-to-date, facing significant financial challenges including negative operating profits and a high Debt to EBITDA ratio.
As of 09-Sep, Orient Press Ltd's stock price is currently at 88.00, reflecting an increase of 1.05, or 1.21%. The stock has been gaining for the last two days, with a total return of 1.27% during this period. Notably, it opened with a significant gain of 8.11% today and reached an intraday high of Rs 94. Despite this positive movement, the stock has underperformed against the benchmark Sensex over the past week and year-to-date, with returns of -0.07% and -24.82%, respectively. The company faces challenges, including a weak long-term fundamental strength indicated by a -184.47% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 18.76 times, which raises concerns about its ability to service debt.Broader market context shows that while the stock has outperformed its sector by 1.51% today, it still lags behind the Sensex's 1.18% gain over the past week and 3.79% year-to-date. The stock's negative operating profits and reported losses, including a PAT of Rs -2.06 crore and a net sales figure of Rs 26.25 crore, contribute to its risky profile compared to historical valuations. Despite the recent uptick in investor participation, the overall sentiment remains cautious due to the company's financial struggles and negative returns over the past year.
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