Why is RTS Power Corpn. falling/rising?
As of 19-Sep, RTS Power Corporation Ltd's stock price is declining at 148.65, down 0.3%, with a significant 52.05% drop over the past year and an 86.8% decrease in profits. The company faces challenges with a low return on equity and poor debt servicing ability, contributing to negative investor sentiment.
As of 19-Sep, RTS Power Corporation Ltd is experiencing a decline in its stock price, currently at 148.65, which represents a decrease of 0.45 or 0.3%. The stock has underperformed its sector by 0.41% today and has fallen after three consecutive days of gains. In terms of returns, the stock has seen a significant drop of 52.05% over the past year, while its profits have plummeted by 86.8%. The company has a low return on equity (ROE) of 2.4 and is trading at a premium compared to its peers, indicating a fair valuation but weak long-term fundamentals. Additionally, the company's ability to service its debt is concerning, with a poor EBIT to Interest ratio of 1.05, which contributes to the stock's negative sentiment.In the broader market context, the stock's performance over the past week shows a slight increase of 0.44%, while the benchmark Sensex has risen by 0.88%. However, over the last month, RTS Power Corporation has declined by 4.62%, contrasting with the Sensex's gain of 1.20%. The stock's long-term performance is particularly troubling, with a year-to-date decline of 49.27% compared to the Sensex's increase of 5.74%. This stark underperformance highlights the challenges faced by RTS Power Corporation in a market that has been relatively stable, further exacerbating investor concerns and contributing to the stock's downward trend.
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