Why is RTS Power Corpn. falling/rising?
As of 23-Jul, RTS Power Corporation Ltd's stock price is at 163.15, down 3.06%. The stock has underperformed significantly over various periods, with a year-to-date drop of 44.32% and negative investor sentiment due to low profitability and management efficiency.
As of 23-Jul, RTS Power Corporation Ltd's stock price is currently at 163.15, reflecting a decline of 5.15 points or 3.06%. Today's price summary indicates that the stock opened with a gain of 3.27% but subsequently fell to a day's low of Rs 162.65, underperforming its sector by 3.3%. The stock has shown negative returns over various periods, including a 1-month decline of 2.80% and a year-to-date drop of 44.32%. Despite a healthy long-term growth rate in operating profit of 53.14%, the stock's profitability is hindered by a low return on capital employed (ROCE) of 2.63% and a significant drop in profits over the past year, which has contributed to its recent price decline.In the broader market context, RTS Power Corporation has underperformed compared to the Sensex, which has gained 0.11% over the past week while RTS has dropped 0.85%. The stock's year-long performance is also concerning, with a return of -20.24% compared to the market's positive return of 2.86%. This underperformance, coupled with flat quarterly results and low management efficiency, suggests that investor sentiment is negative, leading to the stock's current downward trajectory.
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