Why is Prataap Snacks falling/rising?
As of 11-Aug, Prataap Snacks Ltd is priced at 912.95, showing a slight increase but remains below key moving averages, indicating a bearish trend. The company has reported negative results for five consecutive quarters, raising concerns about its long-term growth potential and reflecting a lack of confidence among institutional investors.
As of 11-Aug, Prataap Snacks Ltd is currently priced at 912.95, reflecting an increase of 2.6 (0.29%). The stock has recently experienced a trend reversal, gaining after nine consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock has underperformed its sector by 0.3% today, and delivery volume has significantly decreased, falling by 83.36% compared to the 5-day average. Furthermore, the company has reported negative results for the last five consecutive quarters, with operating profit declining at an alarming rate of -211.77% over the past five years, which raises concerns about its long-term growth potential.In the broader market context, Prataap Snacks has underperformed the Sensex over the past week, with a return of -2.78% compared to the benchmark's -0.51%. The stock's year-to-date performance shows a decline of 20.01%, while the Sensex has gained 3.15%. Additionally, institutional investors have reduced their stake in the company by 0.96% in the previous quarter, indicating a lack of confidence among more sophisticated investors. Despite the recent uptick in price, the overall financial health of the company, characterized by negative operating profits and falling investor participation, suggests that the stock remains in a precarious position.
{{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
