Why is Shri Keshav falling/rising?
As of 16-Jul, Shri Keshav Cements & Infra Ltd's stock price is Rs 156.00, up 3.31% today, but it has declined 21.01% over the past year. Despite short-term gains, the company faces significant challenges with high debt and poor long-term performance.
As of 16-Jul, Shri Keshav Cements & Infra Ltd's stock price is currently at Rs 156.00, reflecting an increase of Rs 5.0 or 3.31%. The stock has shown a strong performance today, outperforming its sector by 3.42% and reaching an intraday high of Rs 159.5, which is a 5.63% increase. Over the past week, the stock has gained 0.55%, and in the last month, it has risen by 6.96%. Despite these short-term gains, the stock has significantly underperformed over the past year, with a decline of 21.01%. The company has a Return on Capital Employed (ROCE) of 4.1, indicating an attractive valuation relative to its peers, but it has also faced challenges with a substantial drop in profits, which fell by 153.4% over the past year.In the broader market context, while the Sensex has decreased by 1.08% over the past week, Shri Keshav's positive short-term return contrasts with its long-term performance, where it has underperformed the market significantly, with a year-to-date decline of 21.61% compared to the Sensex's increase of 5.75%. The company has been struggling with high debt levels and negative results in the last three quarters, which raises concerns about its long-term growth potential. Despite today's rise, the overall weak fundamentals and high debt burden suggest that the stock's upward movement may be limited in the face of ongoing financial challenges.
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