Why is Rudra Global falling/rising?
As of 27-Jun, Rudra Global Infra Products Ltd is priced at 37.34, down 0.82%, and has underperformed its sector and the broader market significantly. The stock shows weak fundamentals with a year-to-date decline of 14.12% and negative returns, indicating poor long-term growth prospects.
As of 27-Jun, Rudra Global Infra Products Ltd is currently priced at 37.34, reflecting a decrease of 0.31, or 0.82%. The stock has recently underperformed its sector by 0.64% and has experienced a trend reversal, falling after three consecutive days of gains. Over the past week, the stock has gained 1.27%, but it has significantly underperformed in the longer term, with a year-to-date decline of 14.12% and a one-year drop of 26.50%. Despite a rise in investor participation, with a notable increase in delivery volume, the stock's fundamentals are weak, as indicated by a negative return on capital employed and declining profits over the last year.Broader market context shows that while the Sensex has increased by 2.00% over the past week and 7.58% year-to-date, Rudra Global's performance has lagged behind, highlighting its struggles in the current market environment. The stock's long-term growth prospects appear poor, with a high debt-to-EBITDA ratio and negative results reported for the last four consecutive quarters. This combination of weak fundamentals and underperformance relative to the broader market contributes to the stock's current downward movement.
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