Why is Rajshree Polypac falling/rising?
As of 18-Sep, Rajshree Polypack Ltd's stock price is at 22.82, down 4.2%, and has underperformed its sector today. Despite a recent short-term gain of 6.34%, its long-term outlook is weak with significant declines over the past year and poor fundamentals, leading to cautious investor sentiment.
As of 18-Sep, Rajshree Polypack Ltd's stock price is currently at 22.82, reflecting a decline of 1.0, or 4.2%. The stock has underperformed its sector by 3.55% today, despite a significant increase in delivery volume, which rose by 211.82% compared to the 5-day average. Over the past week, the stock has shown a positive return of 6.34%, but it has significantly lagged behind the benchmark with a year-to-date return of -38.77% and a one-year return of -49.11%. While the stock is trading at a discount compared to its peers and has seen a profit increase of 13% over the past year, its weak long-term fundamentals, including a low Return on Capital Employed (ROCE) of 8.05% and a high debt-equity ratio of 0.72, contribute to its recent price decline.In the broader market context, the stock's short-term performance of +6.34% over the past week contrasts with the Sensex's gain of 1.67% during the same period, indicating some relative strength in the short term. However, the stock's long-term underperformance is stark, as it has consistently lagged behind the benchmark over the last three years, with a significant drop of -65.09% compared to the Sensex's +45.02%. This consistent underperformance, coupled with weak growth indicators and the current price decline, suggests that investor sentiment remains cautious regarding Rajshree Polypack Ltd's future prospects.
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