Why is Shipping Land falling/rising?
As of 28-Aug, Shipping Corporation of India Land & Assets Ltd is facing a decline in stock price, currently at 48.90, with a total drop of 2.47% over the past week and a significant 44.59% decrease over the past year. The stock is underperforming compared to market benchmarks, indicating weak fundamentals and investor confidence.
As of 28-Aug, Shipping Corporation of India Land & Assets Ltd is experiencing a decline in its stock price, currently at 48.90, reflecting a decrease of 0.26 or 0.53%. The stock has been on a downward trend, losing value for the last four consecutive days, with a total decline of 2.47% over the past week. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a rise in investor participation, with delivery volume increasing by 38.49% against the 5-day average, the company faces significant challenges. The recent financial results show a substantial operating loss, and while there were positive growth figures in net sales and profit after tax, the overall performance remains weak, with a staggering 44.59% drop in stock value over the past year and a negative EBITDA.In the broader market context, the stock's performance has been underwhelming compared to the benchmark, with a 1-month decline of 4.12% against a 1.00% drop in the Sensex, and a year-to-date return of -22.52% compared to a positive 2.48% for the index. This underperformance highlights the company's weak long-term fundamentals, including a poor EBIT to interest ratio and a lack of confidence from domestic mutual funds, which hold no stake in the company. The combination of these factors suggests that the stock is viewed as risky and may not be attractive to investors, contributing to its continued decline.
{{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
