Why is Pradeep Metals falling/rising?
As of 12-Sep, Pradeep Metals Ltd. is priced at Rs 216.00, having increased by 0.91% today, but it has significantly underperformed over the past week and month, with declines of 5.64% and 10.32%, respectively. Despite a high return on capital employed, the stock's long-term growth prospects are poor, and it has seen a substantial drop in investor participation and a disappointing annual return of -30.82%.
As of 12-Sep, Pradeep Metals Ltd. is currently priced at Rs 216.00, reflecting an increase of Rs 1.95 or 0.91%. Today, the stock opened with a gain of 2.22% and reached an intraday high of Rs 225.05, indicating some positive momentum. However, despite this uptick, the stock has underperformed significantly over the past week and month, with declines of 5.64% and 10.32%, respectively. The company has also seen a substantial drop in investor participation, with delivery volume falling by 75.29% compared to the 5-day average. While the stock has a high return on capital employed (ROCE) of 17.91% and is trading at a discount to its peers, it has experienced a notable decline in profits over the past year, which has contributed to its overall negative performance.Broader market context shows that while the Sensex has gained 1.48% over the past week and 2.08% over the past month, Pradeep Metals has lagged behind, indicating a lack of investor confidence relative to the broader market. The stock's long-term growth prospects appear poor, with net sales and operating profit growth rates of only 12.21% and 10.52% over the last five years, respectively. Furthermore, the stock's performance over the past year has been particularly disappointing, with a return of -30.82%, significantly worse than the BSE500's decline of -3.45%. This stark contrast highlights the challenges faced by Pradeep Metals in attracting investor interest despite some positive operational metrics.
{{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
