Why is RTS Power Corpn. falling/rising?
As of 31-Jul, RTS Power Corporation Ltd's stock price is declining at 160.50, down 0.5%, and has underperformed its sector. The stock has fallen 3.78% in the past week and 2.82% in the last month, with significant drops in delivery volume and a negative return of -23.83% over the past year, indicating poor management efficiency and disappointing financial results.
As of 31-Jul, RTS Power Corporation Ltd is experiencing a decline in its stock price, currently at 160.50, which reflects a decrease of 0.8 or 0.5%. The stock has underperformed its sector by 0.38% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 3.78%, and in the last month, it has decreased by 2.82%. Additionally, the delivery volume has significantly dropped by 71.44% compared to the 5-day average, indicating a decline in investor participation. Despite a healthy long-term growth rate in operating profit of 53.14%, the stock has generated a negative return of -23.83% over the past year, coinciding with a 15% drop in profits.In the broader market context, the stock's performance has been notably worse than the benchmark, with the BSE500 index showing a decline of only 3.20% over the same period. This stark contrast highlights the company's struggles, particularly with poor management efficiency reflected in a low Return on Capital Employed (ROCE) of 2.63%. The company's recent financial results have also been disappointing, with a significant drop in profit after tax and the lowest operating profit to interest ratio recorded. These factors contribute to a perception of the stock as a less favorable investment compared to its peers, which may further explain the ongoing decline in its price.
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