Why is Quest Flow falling/rising?
As of 16-Sep, Quest Flow Controls Ltd's stock price is Rs 298.00, reflecting a recent increase of 3.81%. Despite short-term gains, the stock has declined 66.89% over the past year and 48.24% year-to-date, indicating ongoing performance challenges.
As of 16-Sep, Quest Flow Controls Ltd is experiencing a rise in its stock price, currently at Rs 298.00, which reflects an increase of Rs 10.95 or 3.81%. The stock has shown a positive performance today, outperforming its sector by 4.06% and has gained consecutively over the last two days, with a total return of 6.81% in this period. Despite this recent uptick, the stock has had a challenging year, with a significant decline of 66.89% over the past year and a negative performance of 2.71% over the last month. Positive factors contributing to the recent rise include the company's high management efficiency, indicated by a return on equity (ROE) of 39.41%, and a strong ability to service debt, as evidenced by a low debt to EBITDA ratio of 1.10 times. However, the stock's long-term performance remains concerning, as it has underperformed the broader market significantly.In the broader market context, Quest Flow's short-term return of 4.20% over the past week contrasts with the Sensex's return of 1.58%, indicating that the stock is currently outperforming the benchmark in the short term. However, the stock's year-to-date performance shows a stark decline of 48.24%, while the Sensex has gained 5.43% during the same period. This disparity highlights the stock's ongoing struggles despite recent gains, as it continues to face challenges in both short-term and long-term performance metrics.
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