Why is Shubham Polyspin falling/rising?
As of 27-Jun, Shubham Polyspin Ltd's stock price is at 24.77, down 3.62% and underperforming its sector. The stock has weak fundamentals, including a -196.15% CAGR in operating profits over five years and a high Debt to EBITDA ratio, contributing to its recent decline and volatility.
As of 27-Jun, Shubham Polyspin Ltd's stock price is currently at 24.77, reflecting a decline of 0.93, or 3.62%. The stock has underperformed its sector by 4.35% today and has experienced consecutive losses over the last two days, totaling a drop of 5.71%. Despite trading above its moving averages for various periods, the stock's delivery volume has significantly decreased, falling by 73.67% compared to the 5-day average. Additionally, the company has shown weak long-term fundamental strength, with a staggering -196.15% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 6.82 times, indicating low profitability and a challenging financial position.In the broader market context, Shubham Polyspin's recent performance contrasts with the benchmark Sensex, which has increased by 2.00% over the past week while the stock itself has gained 9.94% in the same timeframe. However, the stock's year-to-date performance shows a decline of 0.48%, compared to the Sensex's gain of 7.58%. This disparity highlights the stock's volatility and the challenges it faces, particularly in light of its negative operating profits and flat results reported in March 2025. Overall, the combination of weak fundamentals and declining investor participation contributes to the stock's current downward trend.
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