Why is Prime Capital Ma falling/rising?

Jul 08 2025 10:37 PM IST
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As of 08-Jul, Prime Capital Market Ltd's stock price is at 6.29, unchanged, but has declined 59.10% over the past year, underperforming the Sensex. The stock shows weak long-term fundamentals and a bearish outlook, making it a strong sell.
As of 08-Jul, Prime Capital Market Ltd's stock price is currently at 6.29, showing no change (0.00%). The stock has experienced a significant decline over the past year, with a return of -59.10%, and has also underperformed against the benchmark, the Sensex, which has gained 4.69% in the same period. Today's price summary indicates that the stock's performance is inline with its sector, but it is currently higher than the 5-day moving averages while being lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 67.95% compared to the 5-day average. While the stock has a very attractive valuation with a Price to Book Value of 0.6 and a return on equity (ROE) of 6, its long-term fundamental strength is weak, evidenced by an average ROE of 1.33% and poor growth in operating profit.

In the broader market context, the stock's short-term return of -1.87% over the past week contrasts with the Sensex, which has seen a slight increase of 0.02%. This underperformance is indicative of the stock's ongoing struggles, as it has not only generated negative returns over the last year but has also lagged behind the BSE500 in both the near and long term. The combination of flat results and weak long-term growth prospects contributes to a bearish outlook for Prime Capital Market Ltd, reinforcing the perception of it being a strong sell.
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