Why is Shivalik Rasayan falling/rising?
As of 04-Sep, Shivalik Rasayan Ltd's stock price is at 450.35, down 1.46% and close to its 52-week low. The stock has underperformed significantly, with a year-to-date decline of 41.20%, poor management efficiency, and a lack of institutional investment, indicating weak long-term growth prospects.
As of 04-Sep, Shivalik Rasayan Ltd's stock price is currently at 450.35, reflecting a decrease of 6.65 points or 1.46%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 1.65%. It is also close to its 52-week low, just 0.09% away from Rs 449.95. Over the past week, the stock has decreased by 2.73%, and its year-to-date performance shows a significant drop of 41.20%. Despite a recent opening gain of 2.83% and an intraday high of Rs 469.95, the stock is trading below all its moving averages, indicating a bearish trend. The company has a low Debt to Equity ratio, but its poor management efficiency, reflected in a low Return on Equity (ROE) of 5.85%, and consistent underperformance against benchmarks contribute to investor concerns.In the broader market context, while the Sensex has shown a positive return of 0.80% over the past week, Shivalik Rasayan's performance has been notably negative, highlighting its struggle to keep pace with market trends. The stock's long-term growth prospects appear weak, with net sales and operating profit growth rates of only 12.67% and 2.20%, respectively, over the last five years. Additionally, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence among institutional investors. This combination of factors, including poor profitability metrics and consistent underperformance, has led to a decline in the stock price, contrasting sharply with the broader market's upward movement.
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