Why is Saraswati Saree falling/rising?
As of 11-Aug, Saraswati Saree Depot Ltd is priced at 90.05, down 0.1%, and has underperformed its sector. Despite strong fundamentals and a high dividend yield, the stock has declined significantly year-to-date, reflecting negative investor sentiment.
As of 11-Aug, Saraswati Saree Depot Ltd is currently priced at 90.05, reflecting a decrease of 0.09 or 0.1%. The stock has underperformed its sector today by 0.43%, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.13%, and it has seen a significant drop of 30.09% year-to-date, contrasting with the Sensex, which has gained 3.15% in the same period. Despite these declines, the company has shown strong fundamentals, with a high return on equity (ROE) of 17.19%, a low debt-to-equity ratio, and positive financial results over the last three quarters, including a 50% growth in profit after tax and a 26.34% increase in net sales.In the broader market context, the stock's performance has been notably weaker compared to the Sensex, which has only declined by 0.51% over the past week and 2.30% over the past month. This underperformance indicates that investor sentiment towards Saraswati Saree Depot Ltd is currently negative, despite the company's attractive valuation and high dividend yield of 4.1%. The rising investor participation, as evidenced by a 16.18% increase in delivery volume, suggests some interest in the stock, but the overall trend remains downward, influenced by its significant year-to-date losses and the broader market's relative stability.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
