Why is Setco Automotive falling/rising?
As of 04-Jul, Setco Automotive Ltd's stock price is at 18.00, down 1.42% and has declined 8.02% over the last four days. Despite a strong one-year return of 20.24%, concerns over negative book value, high debt, and liquidity issues are negatively impacting investor sentiment.
As of 04-Jul, Setco Automotive Ltd's stock price is currently at 18.00, reflecting a decrease of 0.26, or 1.42%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in an overall decline of 8.02% during this period. Additionally, the stock's performance today has underperformed its sector by 2.09%. Despite a strong one-year return of 20.24%, the company faces challenges such as a negative book value, high debt levels, and a weak long-term growth outlook, which contribute to investor concerns. The recent positive financial results, including a high return on capital employed and record net sales, are overshadowed by the company's negative net worth and reliance on pledged promoter shares.In the broader market context, Setco Automotive's short-term performance has been notably weaker than the benchmark, with a one-week decline of 3.43% compared to the Sensex's drop of only 0.74%. While the stock has outperformed the market over the past year, the recent trends indicate a troubling divergence, particularly as the company struggles with liquidity issues and falling investor participation, evidenced by an 83.16% drop in delivery volume. This combination of factors suggests that investor sentiment is shifting negatively, leading to the current decline in the stock price.
{{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
