Why is SMC Global Sec. falling/rising?

Oct 16 2025 11:08 PM IST
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As of 16-Oct, SMC Global Securities Ltd's stock price is at 136.20, down 0.51%, with significant underperformance compared to its sector and a 14.23% negative return over the past year. Despite strong long-term fundamentals, recent negative results and high debt levels have led to decreased investor confidence and participation.
As of 16-Oct, SMC Global Securities Ltd is experiencing a decline in its stock price, currently at 136.20, which reflects a decrease of 0.7 or 0.51%. The stock has underperformed its sector by 0.39% today, and its delivery volume has significantly dropped by 47.02% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has decreased by 2.61%, and its one-year return stands at a negative 14.23%, which is considerably worse than the Sensex's positive return of 2.41% during the same period. Additionally, the company has reported negative results for the last three consecutive quarters, with a notable decline in profits, which has likely contributed to the stock's downward movement.

In the broader market context, while the Sensex has shown a positive return of 1.58% over the past week, SMC Global's performance has been lackluster, indicating a significant underperformance relative to the market. The company's fundamentals are strong in the long term, with a 26.68% CAGR growth in operating profits; however, the recent negative results and a high debt-equity ratio of 1.39 times raise concerns among investors. Furthermore, the absence of domestic mutual fund investment suggests a lack of confidence in the stock's valuation, which may further exacerbate its decline in the current market environment.
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