Why is Rajas. Tube Mfg falling/rising?
As of 16-Jul, Rajasthan Tube Manufacturing Co Ltd's stock price is declining, currently at 45.66, down 2.0% and has fallen for 11 consecutive days, totaling a 19.88% decline. Despite a strong year-to-date return of 420.64%, weak fundamentals and recent poor sales results are contributing to the stock's underperformance.
As of 16-Jul, Rajasthan Tube Manufacturing Co Ltd is experiencing a decline in its stock price, currently at 45.66, reflecting a decrease of 0.93 or 2.0%. The stock has been underperforming, having fallen consecutively for the last 11 days, resulting in a total decline of 19.88% during this period. Additionally, the stock's performance over the past week shows a significant drop of 9.60%, contrasting with a minor decline of 1.08% in the Sensex. Despite a remarkable year-to-date return of 420.64% and a staggering 1304.92% increase over the past year, the company faces challenges such as weak long-term fundamental strength, evidenced by a -4.55% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.08 times. Furthermore, the recent flat results in net sales, which fell by 58.26%, indicate underlying issues that may be contributing to the stock's downward trend.In the broader market context, while Rajasthan Tube Manufacturing Co Ltd has outperformed the benchmark indices over the long term, its recent short-term performance has been disappointing compared to the Sensex. The stock's decline of 9.60% over the past week starkly contrasts with the Sensex's slight decrease, highlighting a period of underperformance relative to the market. The falling investor participation, with a 32.03% drop in delivery volume, further suggests a lack of confidence among investors, which may be exacerbating the stock's decline. Despite its historical performance, the current market sentiment appears to be influenced by the company's weak financial fundamentals and recent poor sales results.
{{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
