Why is RKEC Projects falling/rising?
As of 19-Sep, RKEC Projects Ltd is priced at 69.98, showing a slight increase but underperforming against the benchmark Sensex and facing challenges such as declining profits and high debt. Despite a recent rise in investor participation and an attractive valuation, the stock's long-term fundamentals remain weak.
As of 19-Sep, RKEC Projects Ltd is currently priced at 69.98, reflecting an increase of 0.66 or 0.95%. The stock has shown a performance today that outperformed its sector by 1.64%. It is trading higher than its 20-day and 50-day moving averages, although it remains below its 5-day, 100-day, and 200-day moving averages. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 81.59% against the 5-day average. Despite a year-to-date decline of 23.84% and a substantial 42.46% drop over the past year, the stock's valuation appears attractive with a return on capital employed (ROCE) of 12 and a trading discount compared to peers. However, the company has reported negative results for the last three consecutive quarters, indicating weak long-term fundamental strength and low profitability per unit of shareholders' funds.In the broader market context, RKEC Projects has underperformed the benchmark Sensex, which has gained 0.85% over the past week while the stock only increased by 0.20%. The stock's performance over the past month shows a 6.34% increase, which is lower than the Sensex's 1.39% rise, indicating that while there are some positive movements, they are not keeping pace with the overall market. The company's high debt-to-EBITDA ratio and declining profits further contribute to a cautious outlook, suggesting that despite today's rise, the stock faces significant challenges that could impact its future performance.
{{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
