Why is Sammaan Capital falling/rising?
As of 02-Jul, Sammaan Capital Ltd's stock price is at 136.05, down 3.1% and underperforming its sector and the broader market. The company faces significant challenges, with negative growth in sales and profits, and a one-year decline of 18.85%.
As of 02-Jul, Sammaan Capital Ltd's stock price is currently at 136.05, reflecting a decline of 4.35, or 3.1%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total drop of 4.29% during this period. Additionally, the stock has underperformed its sector by 1.59% today. Over the past week, it has experienced a decline of 4.99%, while its one-year performance shows a significant drop of 18.85%. The company's fundamentals are concerning, with net sales and operating profit showing negative growth rates, and a return on equity of -8.3, indicating a very expensive valuation compared to its peers. High institutional holdings at 30.6% suggest that these investors are aware of the company's challenges, which may contribute to the stock's recent price movement.In the broader market context, the Sensex has shown a positive return of 0.79% over the past week, contrasting sharply with Sammaan Capital's decline. While the stock has gained 9.85% over the past month, it still lags behind the benchmark's 2.50% increase. The stock's year-to-date performance is also disappointing, with a decline of 10.02% compared to the Sensex's 6.75% gain. This underperformance relative to the market highlights the challenges facing Sammaan Capital, as it has generated negative returns over the past year while the broader market has seen positive growth.
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