Why is Shah Alloys falling/rising?
As of 18-Sep, Shah Alloys Ltd's stock price is declining at 72.00, down 0.69%, and has underperformed its sector and the broader market. The company faces significant challenges, including negative results over the last five quarters and a high debt-to-equity ratio, contributing to a lack of investor confidence.
As of 18-Sep, Shah Alloys Ltd is experiencing a decline in its stock price, currently at 72.00, reflecting a decrease of 0.5 or 0.69%. The stock has underperformed its sector by 1.09% today and has seen a consecutive fall over the last two days, resulting in a total drop of 4.53%. Additionally, the stock's performance over the past week shows a decline of 1.97%, while it has increased by 29.15% over the past month. However, the company faces significant challenges, including a negative book value and a high debt-to-equity ratio of 2.97 times. The company has reported negative results for the last five consecutive quarters, with a substantial drop in net sales and profits, contributing to its weak long-term fundamental strength.In the broader market context, the Sensex has gained 1.80% over the past week, contrasting with Shah Alloys' decline, indicating that the stock is not only underperforming its sector but also lagging behind the overall market. While the stock has shown a positive return of 9.09% year-to-date, its one-year performance remains negative at -11.12%, further highlighting the disparity between the stock's performance and the benchmark. The falling investor participation, evidenced by an 83.79% drop in delivery volume compared to the five-day average, suggests a lack of confidence among investors, which may be exacerbating the stock's downward trend.
{{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
