Why is Schneider Elect. falling/rising?
As of 02-Jul, Schneider Electric Infrastructure Ltd's stock price is down to 815.85, reflecting a 2.87% decline. Despite recent challenges, the stock has shown positive performance over the past week and month, supported by strong fundamentals and adequate liquidity.
As of 02-Jul, Schneider Electric Infrastructure Ltd is experiencing a decline in its stock price, currently at 815.85, reflecting a decrease of 24.15 points or 2.87%. Today's price summary indicates that the stock underperformed its sector by 1.8% and opened with a loss of 2.61%. After two consecutive days of gains, the stock has reversed its trend, reaching an intraday low of Rs 802.15, which is a drop of 4.51%. Despite this recent downturn, the stock has shown positive performance over the past week and month, with returns of 2.73% and 7.56%, respectively. Additionally, the company has demonstrated strong management efficiency with a high return on capital employed (ROCE) of 20.90% and impressive growth in operating profit, which has increased at an annual rate of 209.92%. In the broader market context, while Schneider Electric's year-to-date return stands at 6.55%, it has underperformed the Sensex, which has a year-to-date return of 6.75%. This suggests that while the stock has shown some resilience, it is currently facing challenges that have led to its decline today. The stock's liquidity remains adequate, with a delivery volume increase of 30.37% against the five-day average, indicating rising investor participation despite the current price drop. Overall, the combination of recent price movements, sector underperformance, and strong fundamentals presents a complex picture for Schneider Electric, contributing to its current decline.
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