Why is Sir Shadi Lal falling/rising?
As of 12-Sep, Sir Shadi Lal Enterprises Ltd is priced at 243.00 with no change, having underperformed its sector and the broader market significantly. Despite recent short-term gains, the company faces long-term financial challenges, including negative book value and consistent losses, which may deter investors.
As of 12-Sep, Sir Shadi Lal Enterprises Ltd is currently priced at 243.00, with no change in price (0.00%). The stock has underperformed its sector by 0.54% today, and it has shown erratic trading patterns, not trading on 2 out of the last 20 days. The stock's performance over the past week and month has been positive, with returns of +3.18% and +3.67%, respectively. However, it has a negative book value and has reported losses for the last five consecutive quarters, indicating weak long-term fundamental strength. The company's ability to service its debt is also concerning, with a poor EBIT to Interest ratio of -1.33, which may deter investors.In the broader market context, while the Sensex has generated a return of +1.48% over the past week and +2.08% over the past month, Sir Shadi Lal's performance has lagged behind, particularly with a year-to-date return of -19.85% compared to the Sensex's +4.82%. The stock has also underperformed the market significantly over the last year, with a return of -38.92% against the BSE500's -3.45%. This stark contrast in performance suggests that despite some short-term gains, the overall sentiment around the stock remains negative due to its financial struggles and poor operational performance.
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