Why is Reliance Infra. falling/rising?
As of 30-Sep, Reliance Infrastructure Ltd's stock is priced at 242.15, down 2.06%, and has underperformed significantly with a year-to-date decline of 20.35%. Despite a high ROCE and increased promoter confidence, weak fundamentals and reduced investor participation have negatively impacted its performance compared to the broader market.
As of 30-Sep, Reliance Infrastructure Ltd's stock is currently priced at 242.15, reflecting a decline of 5.1 points or 2.06%. The stock has been underperforming, having lost 10.42% over the last six days, and it is trading below all key moving averages. Additionally, the stock's performance over the past week shows a decrease of 8.74%, while it has fallen 20.35% year-to-date. Despite some positive indicators such as a high return on capital employed (ROCE) of 44.10% and a low debt-equity ratio of 0.44, the stock's overall performance has been negatively impacted by weak long-term fundamentals and a significant drop in investor participation, with delivery volume falling by 60.86% against the five-day average.In the broader market context, Reliance Infrastructure has underperformed compared to the Sensex, which has seen a slight increase of 0.57% over the past month, while Reliance's stock has decreased by 8.76% in the same period. This trend is further highlighted by the stock's one-year return of -27.97%, significantly worse than the market's decline of -4.78%. The recent increase in promoter confidence, with a 2.55% rise in stake, suggests some belief in the company's future potential, but this has not yet translated into positive stock performance amidst the prevailing market conditions.
{{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
