Why is Prime Fresh falling/rising?
As of 21-Aug, Prime Fresh Ltd's stock price is Rs 199.85, down 2.01%, following three days of gains and underperforming its sector. Despite strong fundamentals and a recent significant weekly gain, the stock's year-to-date performance is down 13.11%, influenced by profit-taking and valuation concerns.
As of 21-Aug, Prime Fresh Ltd is experiencing a decline in its stock price, currently at Rs 199.85, which represents a decrease of Rs 4.1 or 2.01%. Today's price summary indicates that the stock has underperformed its sector by 2.36% and has fallen after three consecutive days of gains. The stock reached an intraday high of Rs 209.7 but also touched a low of Rs 199. Despite this decline, Prime Fresh is trading above its moving averages for 5, 20, 50, 100, and 200 days, suggesting a generally positive trend over a longer period. Additionally, the company has shown strong fundamentals, including a low Debt to EBITDA ratio of 0.45 and a healthy annual net sales growth rate of 32.90%. However, the stock's recent performance has been affected by flat results reported on June 25 and an expensive valuation indicated by a Price to Book Value of 4.4.In the broader market context, Prime Fresh's short-term performance over the past week shows a significant gain of 33.95%, while the benchmark Sensex has only increased by 1.74%. However, the stock's year-to-date performance is down by 13.11%, contrasting with the Sensex's gain of 4.94%. The recent increase in institutional investor participation, which has risen by 0.51% in the last quarter, may provide some support for the stock, as these investors typically have better resources for analyzing company fundamentals. Nonetheless, the overall decline today reflects a combination of profit-taking after recent gains and concerns over valuation metrics despite the company's strong growth potential.
{{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
