Why is Source Natural falling/rising?
As of 17-Jul, Source Natural Foods & Herbal Supplements Ltd is priced at 150.00 with no change, underperforming its sector and major moving averages. Despite strong management efficiency and positive quarterly results, the stock has declined significantly over the past month and year, indicating poor long-term growth prospects.
As of 17-Jul, Source Natural Foods & Herbal Supplements Ltd is currently priced at 150.00, with no change in price (0.00%). The stock has underperformed its sector today by 0.42% and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 1.90%, and it has seen a significant decline of 12.94% over the past month. Despite these declines, the company has demonstrated high management efficiency with a return on equity (ROE) of 17.97% and has reported positive results for the last six consecutive quarters, including a net sales high of Rs 16.07 crore and a profit after tax of Rs 2.49 crore. However, the stock's long-term growth appears poor, with an annual operating profit growth rate of only 15.72% over the last five years, contributing to its recent price stagnation.In the broader market context, the Sensex has decreased by 1.12% over the past week, indicating that the stock's short-term performance is worse than the benchmark. While Source Natural has generated a return of -5.51% over the past year, the Sensex has increased by 1.91% during the same period, highlighting the stock's underperformance relative to the market. Additionally, the stock's liquidity remains adequate for trading, but the overall sentiment is affected by its below-par performance in both the near and long term, as evidenced by its negative returns compared to the BSE500 over various time frames.
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