Why is Setubandhan Inf. falling/rising?
As of 30-Jun, Setubandhan Infrastructure Ltd is priced at 0.86, down 3.37%, with a total return of -10.42% over the past week and a significant drop in delivery volume. The stock has underperformed the market, showing a 61.78% decline over three years, raising concerns about its long-term viability due to weak fundamentals.
As of 30-Jun, Setubandhan Infrastructure Ltd is currently priced at 0.86, reflecting a decline of 0.03 or 3.37%. The stock has been underperforming, with a consecutive fall over the last four days, resulting in a total return of -10.42% in the past week. Additionally, the stock's delivery volume has significantly decreased by 75.82% compared to the five-day average, indicating falling investor participation. The company has not declared results in the last six months, which raises concerns about its long-term fundamental strength, particularly given its high Debt to EBITDA ratio of -1.00 times and a low average Return on Equity of 0.07%. In the broader market context, while the Sensex has gained 2.18% over the past week, Setubandhan Infrastructure Ltd has significantly lagged behind, highlighting its underperformance relative to the benchmark. Despite a positive return of 10.26% year-to-date, the stock's long-term performance remains weak, with a staggering decline of 61.78% over the past three years compared to the Sensex's gain of 61.70%. This stark contrast underscores the challenges the company faces, particularly in light of its flat results and declining profitability, which contribute to its current downward price movement.
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