Why is Sri Lak.Sar.Arni falling/rising?
As of 01-Sep, Sri Lakshmi Saraswathi Textiles (Arni) Ltd's stock price is declining at 39.90, down 0.25%, with significant underperformance and a negative return of -38.24% over the past year. The company faces financial challenges, including a negative book value and weak growth prospects, contributing to its current downward trend.
As of 01-Sep, Sri Lakshmi Saraswathi Textiles (Arni) Ltd is experiencing a decline in its stock price, currently at 39.90, with a change of -0.1, representing a decrease of -0.25%. The stock has underperformed its sector by 1.29% today, and it has shown erratic trading patterns, not trading on one day out of the last 20. Additionally, the stock's delivery volume has significantly decreased, falling by 87.47% against the 5-day average. Over the past year, the stock has generated a return of -38.24%, which is considerably worse than the broader market's decline of -2.43%. The company is also facing challenges with a negative book value and weak long-term fundamental strength, as evidenced by stagnant net sales growth and a high debt-to-equity ratio.In the broader market context, the stock's short-term performance has been negative compared to the benchmark, with a 1-week return of +0.30% against the Sensex's -1.56%. While the stock has shown some resilience year-to-date with a return of +2.31%, it has significantly lagged behind the benchmark over the past year and three years. The company's financial health is concerning, with a negative EBITDA and poor long-term growth prospects, which contribute to its underperformance relative to the market. Overall, these factors indicate a challenging environment for the stock, leading to its current downward price movement.
{{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
