Why is Shah Metacorp falling/rising?
As of 26-Jun, Shah Metacorp Ltd's stock price is declining at 4.12, down 0.72%, and has underperformed its sector today. Despite strong monthly returns, concerns about long-term growth and declining investor participation are impacting its performance.
As of 26-Jun, Shah Metacorp Ltd is experiencing a decline in its stock price, currently at 4.12, which reflects a decrease of 0.03 or 0.72%. The stock has underperformed its sector by 2.6% today and has fallen after two consecutive days of gains. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 59.04% against the 5-day average. Over the past week, the stock has decreased by 3.06%, while it has shown a strong performance over the past month with a return of 32.48%. However, year-to-date, it has underperformed the benchmark with a decline of 7.42% compared to the Sensex's increase of 7.19%.In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 2.94% over the past week. While the company has reported positive results over the last ten quarters, including significant growth in profit after tax and net sales, concerns about its long-term fundamental strength persist, particularly due to a low average return on capital employed and a high debt-to-EBITDA ratio. Promoter confidence has increased, with a 3.9% rise in stake, indicating optimism about the company's future. However, the combination of weak long-term growth and declining investor participation may be contributing to the stock's current downward movement.
{{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
