Why is RTS Power Corpn. falling/rising?
As of 21-Jul, RTS Power Corporation Ltd's stock price is Rs 162.20, down 1.16%, and has underperformed its sector and the broader market significantly. Despite a strong annual operating profit growth, the stock has seen substantial declines over various periods, indicating a challenging financial environment.
As of 21-Jul, RTS Power Corporation Ltd is experiencing a decline in its stock price, currently at Rs 162.20, which reflects a decrease of Rs 1.9 or 1.16%. The stock has underperformed its sector by 2.14% today and has been on a consecutive downward trend for the last two days, with a total drop of 2.23%. Additionally, the stock has shown negative returns over various periods, including a 1-week decline of 2.90% and a year-to-date drop of 44.64%. The company's operating profit has grown at an annual rate of 53.14%, but this is overshadowed by a significant fall in profits of 15% over the past year, contributing to the stock's negative performance.In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has seen a slight decline of only 0.06% over the past week. This underperformance is further highlighted by the stock's negative returns of 22.11% over the past year, while the broader market has generated a return of 1.63%. The company's low return on capital employed (ROCE) of 2.63% and poor management efficiency are significant concerns, indicating low profitability per unit of total capital. These factors, combined with a lack of investor participation and trading below all major moving averages, suggest a challenging environment for RTS Power Corporation Ltd, leading to its current price decline.
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