Why is Shivalik Rasayan falling/rising?
As of 08-Jul, Shivalik Rasayan Ltd's stock price is 546.20, down 0.46%. Despite a short-term increase in delivery volume and a recent positive return, the stock has significantly underperformed over the long term, with a year-to-date decline of -28.69% and concerns about profitability and investor confidence.
As of 08-Jul, Shivalik Rasayan Ltd's stock price is currently at 546.20, reflecting a decrease of 2.55 points or 0.46%. The stock's performance today is in line with the sector, and it has shown a significant increase in delivery volume, rising by 214.66% against the 5-day average. However, despite a 1-week return of +2.81%, the stock has underperformed over the longer term, with a year-to-date decline of -28.69% and a 1-year return of -25.18%. The company has a low debt-to-equity ratio and a fair valuation, but its low return on equity of 5.85% and poor management efficiency raise concerns about profitability. Additionally, the stock's consistent underperformance against benchmarks over the past three years suggests a lack of investor confidence, as evidenced by domestic mutual funds holding no stake in the company.In the broader market context, the Sensex has shown a modest gain of 0.02% over the past week, contrasting with Shivalik Rasayan's positive return during the same period. However, the stock's longer-term performance is notably weaker, with a 1-month return of -0.82% compared to the Sensex's +1.85%. This underperformance indicates that while the broader market may be experiencing stability or growth, Shivalik Rasayan is struggling to attract investor interest, likely due to its poor long-term growth prospects and low profitability metrics.
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