Why is Parag Milk Foods falling/rising?
As of N/A, Parag Milk Foods Ltd is priced at 243.35, down 4.38%, but has shown strong long-term performance with a 19.52% return over the past year and 170.54% over three years. Despite the recent decline, the stock remains fundamentally strong with rising profits and attractive valuations compared to peers.
As of N/A, Parag Milk Foods Ltd is currently priced at 243.35, reflecting a decrease of 11.15, or 4.38%. Today's Price Summary data is not available from the API. However, the stock has shown strong performance over various periods, with a 19.52% return over the past year and a remarkable 170.54% increase over the last three years. The company's return on capital employed (ROCE) stands at 11.8, indicating a very attractive valuation, and it is trading at a discount compared to its peers' average historical valuations. Despite the recent decline, the stock's profits have risen by 23.4%, and its PEG ratio is 1, suggesting that the stock remains fundamentally strong.In the broader market context, Parag Milk Foods has outperformed the Sensex, with a 2.38% increase over the past week compared to a 0.47% decline in the benchmark. Additionally, the stock has outperformed the BSE500 over the last three years, one year, and three months, indicating a market-beating performance in both the long term and near term. This context suggests that while the stock is currently experiencing a decline, its overall trajectory remains positive relative to the market, which may attract investors looking for value in a fundamentally strong company.
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