Why is Sonam falling/rising?
As of 03-Jul, Sonam Ltd's stock price is at 47.79, down 1.91%, with significant declines in delivery volume and underperformance against its sector. Despite a 25.73% return over the past year, concerns about long-term growth and declining investor participation are impacting its current performance.
As of 03-Jul, Sonam Ltd's stock price is currently at 47.79, reflecting a decrease of 0.93, or 1.91%. The stock has underperformed its sector today by 2.55%, and its delivery volume has significantly dropped by 87.97% compared to the 5-day average, indicating falling investor participation. While the stock has generated a return of 25.73% over the past year, it has experienced a decline of 28.19% year-to-date. Positive factors include an attractive valuation with a return on capital employed (ROCE) of 11.6 and increased promoter confidence, as promoters have raised their stake by 0.86%. However, the stock's long-term growth prospects appear poor, with net sales growing at only 3.32% annually over the last five years, which may contribute to the recent price decline.In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, with a 1-week return of -4.32% compared to the Sensex's -0.56%. Despite the stock's strong performance over the past year relative to the market, the current downward trend suggests that investors may be reacting to concerns about long-term growth and declining participation. The stock's performance against the benchmark indicates that while it has had periods of strong returns, recent movements reflect a more cautious sentiment among investors.
{{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
