Why is Prevest Denpro falling/rising?
As of 24-Jun, Prevest Denpro Ltd's stock price is 467.00, showing a slight increase but trading below key moving averages, indicating a bearish trend. Despite recent positive quarterly results and increased institutional interest, the stock has significantly underperformed against the benchmark Sensex year-to-date.
As of 24-Jun, Prevest Denpro Ltd's stock price is currently at 467.00, reflecting an increase of 0.75 (0.16%). The stock has shown a trend reversal by gaining after two consecutive days of decline, and it has outperformed its sector by 0.77% today. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short term. Despite a poor long-term growth outlook, with net sales growing at an annual rate of only 12.47% over the past five years, the company has reported positive quarterly results, including the highest net sales and operating profit figures. Additionally, there has been a notable increase in institutional investor participation, which may provide some support for the stock.In the broader market context, the stock has underperformed significantly compared to the benchmark Sensex, with a year-to-date return of -20.85% against the benchmark's gain of 5.01%. Over the past week and month, the stock has also shown negative returns of -2.30% and -0.64%, respectively, while the Sensex has posted gains. This underperformance highlights the challenges faced by Prevest Denpro Ltd in attracting investor confidence, despite some positive recent developments and increased institutional interest.
{{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
