Why is Satin Creditcare falling/rising?
As of 11-Sep, Satin Creditcare Network Ltd's stock price is at 146.80, down 0.37%. The stock has underperformed over the past year with a -29.41% return, despite recent mixed performance and attractive valuation metrics, indicating weak fundamentals and declining investor participation.
As of 11-Sep, Satin Creditcare Network Ltd's stock price is currently at 146.80, reflecting a decrease of 0.55, or 0.37%. The stock has shown mixed performance recently, with a 1-week return of +0.48% and a 1-month return of +4.71%, although it has significantly underperformed over the past year with a return of -29.41%. Today's price summary indicates that the stock is underperforming its sector by 0.26%, and while it is trading above its 5-day and 20-day moving averages, it remains below its longer-term moving averages. Additionally, there has been a decline in investor participation, with delivery volume falling by 15.68% compared to the 5-day average. Despite a very attractive valuation with a low price-to-book ratio and increased institutional investor participation, the stock's fundamentals remain weak, as evidenced by a significant drop in profits over the past year.In the broader market context, the stock's short-term performance has lagged behind the benchmark, with the Sensex showing a 1-week return of +1.03% and a 1-month return of +1.17%. This underperformance is compounded by the stock's long-term struggles, including a -3.10% year-to-date return compared to the Sensex's +4.36%. The overall market sentiment appears to be more favorable, which may contribute to the stock's declining price amidst its weak fundamentals and poor historical returns.
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