Why is Rapid Invest. falling/rising?
As of 07-Jul, Rapid Investments Ltd's stock price is declining at 92.88, down 1.19%, after a week of gains. Despite a recent short-term increase, the stock has significantly underperformed over the past year and faces long-term fundamental weaknesses.
As of 07-Jul, Rapid Investments Ltd is experiencing a decline in its stock price, currently at 92.88, reflecting a decrease of 1.12 or 1.19%. The stock has underperformed its sector today, with a performance drop of 1.19%. After seven consecutive days of gains, the stock opened with a gain of 2.26% but reached a day's high of Rs 96.12 before falling. Over the past week, the stock has shown an increase of 8.00%, while it has underperformed the benchmark over the last year with a return of -15.53%. Despite a fair valuation indicated by a Price to Book Value of 1.8 and a rise in profits by 16%, the stock's weak long-term fundamentals, such as a low Return on Equity (ROE) of 3.2 and consistent underperformance against benchmarks, contribute to its current downward trend.In the broader market context, the stock's recent performance contrasts with the Sensex, which has shown a slight decline of 0.20% over the past week. While Rapid Investments Ltd has outperformed the benchmark in the short term, its year-to-date performance is significantly lower at -44.73%, compared to the Sensex's gain of 6.79%. This consistent underperformance over the last three years, coupled with a flat operating profit growth rate of 8.01%, indicates a lack of investor confidence, further exacerbated by the stock's liquidity issues and the lowest cash and cash equivalents recorded at Rs 0.02 crore.
{{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
