Why is Ruparel Food falling/rising?
As of 02-Jul, Ruparel Food Products Ltd is priced at Rs 168.70, showing a temporary recovery after six days of decline, but it has underperformed in the short term with significant losses. The company's weak fundamentals and negative EBITDA raise concerns about its growth potential despite a slight gain today.
As of 02-Jul, Ruparel Food Products Ltd is currently priced at Rs 168.70, reflecting an increase of Rs 8.0 or 4.98%. The stock has shown a trend reversal today, gaining after six consecutive days of decline. Despite opening down by 3.55%, it reached an intraday high of Rs 168.70, indicating some recovery. However, the stock has underperformed in the short term, with a 1-week return of -15.20% and a 1-month return of -11.68%. The company has weak long-term fundamentals, evidenced by an average Return on Equity (ROE) of 0.40% and negative EBITDA, which raises concerns about its growth potential. Additionally, while the stock has generated an 8.84% return over the past year, its profits have not increased, indicating a lack of strong financial performance.In the broader market context, the Sensex has shown a positive return of +0.79% over the past week, contrasting sharply with Ruparel's significant decline. This suggests that while the overall market is experiencing gains, Ruparel Food is struggling to keep pace, highlighting its specific challenges. The stock's performance today, which outperformed its sector by 6.49%, may indicate a temporary recovery, but the underlying issues of weak fundamentals and declining sales growth remain a concern for investors.
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