Why is Prem. Synthetic falling/rising?
As of 24-Jun, Premier Synthetics Ltd's stock price is declining at 20.42, down 0.15%, with a total decline of 2.76% over the last two days. Despite a strong 18.24% increase over the past month, weak fundamentals and declining investor interest are contributing to its current downward trend.
As of 24-Jun, Premier Synthetics Ltd is experiencing a slight decline in its stock price, currently at 20.42, reflecting a decrease of 0.03 or 0.15%. The stock has underperformed its sector today by 1.19% and has been on a downward trend for the last two days, accumulating a total decline of 2.76%. Over the past week, the stock has decreased by 0.58%, although it has shown a significant increase of 18.24% over the past month. Despite a strong performance in the last year with a return of 21.48%, the company is facing challenges such as weak long-term fundamental strength, evidenced by a -173.19% CAGR growth in operating profits over the last five years and a poor EBIT to Interest ratio of 0.11. Additionally, the company's net sales and profit after tax have both declined by 82.61% in the most recent nine-month period, contributing to a perception of risk among investors.In the broader market context, the Sensex has increased by 0.58% over the past week, contrasting with Premier Synthetics Ltd's decline. While the stock has outperformed the market over the past year, the recent underperformance and falling investor participation, indicated by a 96.27% drop in delivery volume, suggest a lack of confidence among investors. The stock's liquidity remains adequate for trading, but the negative EBITDA and low return on equity signal potential long-term issues that may deter new investment. Overall, the combination of recent poor performance, weak fundamentals, and declining investor interest is contributing to the stock's 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
