Why is Rajas. Tube Mfg falling/rising?
As of 14-Jul, Rajasthan Tube Manufacturing Co Ltd's stock price is declining at 47.54, down 2.0% after nine consecutive days of losses, totaling a 16.58% decline. Recent trends show decreased investor participation and weak fundamentals, leading to a cautious outlook despite strong long-term performance.
As of 14-Jul, Rajasthan Tube Manufacturing Co Ltd is experiencing a decline in its stock price, currently at 47.54, which represents a decrease of 0.97 or 2.0%. The stock has been underperforming, having fallen consecutively for the last nine days, resulting in a total return decline of 16.58% during this period. Although the stock has shown impressive long-term performance with a 1433.55% return over the past year, recent trends indicate a drop in investor participation, as evidenced by a 39.46% decrease in delivery volume. Additionally, the company faces challenges such as weak long-term fundamental strength, a high Debt to EBITDA ratio, and a significant drop in net sales, which have all contributed to the recent price decline.In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with a 9.60% decline over the past week compared to a 1.42% drop in the Sensex. While the stock has outperformed the benchmark in the long term, the recent negative trends and weak fundamentals suggest a shift in investor sentiment. The combination of falling sales, high debt levels, and declining investor interest has led to a cautious outlook for the stock, despite its historical performance.
{{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
