Why is Shiva Texyarn falling/rising?
As of 17-Sep, Shiva Texyarn Ltd's stock price is Rs 186.60, up 1.03%, following a trend reversal after two days of decline. Despite positive quarterly results and a modest annual return, the stock underperforms against the Sensex and faces concerns over long-term growth due to low ROCE and high debt levels.
As of 17-Sep, Shiva Texyarn Ltd's stock price is currently at Rs 186.60, reflecting an increase of Rs 1.9 or 1.03%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It touched an intraday low of Rs 181, indicating some volatility. The stock's performance over the past week has been positive, with a return of +0.81%, although it has underperformed compared to the Sensex, which rose by +1.56%. The company has reported positive results for the last four consecutive quarters, with net sales growing by 28.13% and profit after tax increasing by 32.97%. Despite this, the stock is trading at a discount compared to its peers, and while it has generated a modest return of 0.62% over the past year, its profits have surged by 433.9%, suggesting strong underlying performance.In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of +0.81% compared to the Sensex's +1.56%. This underperformance may be attributed to concerns regarding the company's long-term fundamental strength, as indicated by a low average return on capital employed (ROCE) of 5.56% and a high debt-to-EBITDA ratio of 7.46 times. While there is rising investor participation, as evidenced by a 36.64% increase in delivery volume, the overall sentiment may be tempered by the company's weak long-term growth prospects, which could impact future stock performance.
{{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
