Why is Simm. Marshall falling/rising?
As of 03-Jul, Simmonds Marshall Ltd's stock price is 146.35, reflecting a 13.06% increase. The company has consistently reported positive results, outperforming its sector and the benchmark Sensex, indicating strong fundamentals and continued investor confidence.
As of 03-Jul, Simmonds Marshall Ltd is experiencing a price increase, currently at 146.35, which reflects a rise of 16.9 or 13.06%. Today's price summary indicates that the stock has outperformed its sector by 12.07%, reaching an intraday high of Rs 149, and has shown high volatility with an intraday volatility of 7.27%. Over the past week, the stock has gained 13.76%, and over the past month, it has risen by 17.03%. The company has reported positive results for the last nine consecutive quarters, with significant growth in profit before tax and profit after tax, contributing to its attractive valuation and strong performance relative to its peers.In the broader market context, while Simmonds Marshall has shown impressive returns, the benchmark Sensex has declined by 0.62% over the past week. This contrast highlights the stock's robust performance, especially given its long-term outperformance against the BSE500 over the last three years, one year, and three months. Despite a slight decline in delivery volume, the stock remains liquid enough for trading, and its strong fundamentals, including a high return on capital employed and a favorable PEG ratio, suggest continued investor confidence, supporting the recent upward price movement.
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