Why is Restaurant Brand falling/rising?
As of 25-Jun, Restaurant Brands Asia Ltd's stock price is Rs 82.22, up 2.02%, but it has underperformed its sector by 0.59%. Despite a recent short-term gain, the stock has significant long-term challenges and lags behind broader market benchmarks.
As of 25-Jun, Restaurant Brands Asia Ltd is experiencing a price increase, with its current price at Rs 82.22, reflecting a rise of 1.63 (2.02%). Despite this uptick, the stock has underperformed its sector by 0.59% today. The stock reached an intraday high of Rs 82.57, indicating some positive movement, but it remains below its 200-day moving average. Over the past week, the stock has gained 8.63%, although it has shown a decline of 1.87% over the past month and a significant drop of 21.13% over the past year. High institutional holdings at 60.81% suggest confidence from larger investors, yet the company faces challenges such as weak long-term fundamentals, a high Debt to EBITDA ratio, and consistent underperformance against benchmarks.In the broader market context, the Sensex has increased by 1.61% over the past week, indicating that while Restaurant Brands Asia Ltd has performed well in the short term, it still lags behind the benchmark in the longer term, with a year-to-date return of -3.11% compared to the Sensex's 5.91%. The lifestyle sector, in which the company operates, has gained 2.62%, suggesting that the overall market sentiment is somewhat positive. However, the stock's liquidity has decreased, with a notable drop in delivery volume, which may indicate waning investor interest despite the recent price increase.
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