Why is Shyam Century falling/rising?
As of 18-Nov, Shyam Century Ferrous Ltd's stock price is Rs. 5.61, down 1.23%, marking a new 52-week low and a total decline of 9.66% over the last four days. The company has reported negative financial results for three consecutive quarters, leading to a year-to-date decline of 58.26%, while promoter confidence is waning as they reduce their stake.
As of 18-Nov, Shyam Century Ferrous Ltd is experiencing a decline in its stock price, currently at Rs. 5.61, reflecting a decrease of Rs. 0.07 or 1.23%. The stock has hit a new 52-week low today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 9.66% during this period. Over the past week, the stock has underperformed significantly, with a return of -8.03%, while the benchmark Sensex has gained 0.96%. The company has reported negative financial results for the last three consecutive quarters, with net sales and operating profit showing substantial declines. Additionally, promoter confidence appears to be waning, as they have reduced their stake in the company by 0.62%.In the broader market context, Shyam Century's performance has been consistently poor compared to the benchmark, with a staggering year-to-date decline of 58.26% against the Sensex's gain of 8.36%. The stock's long-term growth prospects are concerning, as evidenced by a negative EBITDA and a significant drop in profits over the past year. Although there has been a rise in investor participation, indicated by a 175.64% increase in delivery volume, this has not translated into positive price movement. The overall sentiment surrounding the stock remains negative, compounded by its historical underperformance against the benchmark over the last three years.
{{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
