Why is Prataap Snacks falling/rising?
As of 14-Aug, Prataap Snacks Ltd's stock price is Rs 920.80, down 1.27%, and has significantly underperformed over the past month and year-to-date. Despite a positive annual return, ongoing negative operating profits and declining investor confidence have contributed to its recent price decline.
As of 14-Aug, Prataap Snacks Ltd is experiencing a decline in its stock price, currently at Rs 920.80, which reflects a decrease of Rs 11.8 or 1.27%. Today's performance indicates that the stock has underperformed its sector by 0.73%, with an intraday low of Rs 910.6, marking a drop of 2.36%. Over the past week, the stock has shown a slight increase of 0.86%, but it has significantly underperformed over the longer term, with a 14.76% decline over the past month and a year-to-date drop of 19.32%. Despite generating a positive return of 10.19% over the past year, the company has faced negative operating profits and has declared poor results for the last five consecutive quarters, contributing to its recent price decline.In the broader market context, while the Sensex has shown a minimal decline of 0.03% over the past week, Prataap Snacks' performance has been notably weaker, reflecting its struggles in maintaining investor confidence. The company's low debt-to-equity ratio of 0.07 times is a positive aspect; however, the significant drop in operating profits and the recent decrease in institutional investor participation by 0.96% suggest a lack of confidence in the company's long-term growth prospects. This combination of factors has led to a challenging environment for the stock, resulting in its current downward movement.
{{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
