Why is Sri Ramakr. Mill falling/rising?

Jul 15 2025 09:16 PM IST
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As of 15-Jul, Sri Ramakrishna Mills (Coimbatore) Ltd's stock price is Rs 58.00, down 2.85%, with a significant decline in performance over recent days and a year-to-date return of -12.51%. Despite strong long-term growth, recent profit drops and high debt levels contribute to a negative investor sentiment.
As of 15-Jul, Sri Ramakrishna Mills (Coimbatore) Ltd is experiencing a decline in its stock price, currently at Rs 58.00, which reflects a decrease of Rs 1.7 or 2.85%. The stock has been underperforming, having lost 5.66% over the last four days, and today it underperformed its sector by 4.19%. Additionally, the stock's performance over the past week shows a decline of 2.52%, while its year-to-date return is down by 12.51%. Despite a strong long-term performance with a 745.48% increase over five years, the recent trend is concerning, particularly as profits have fallen by 48.6% over the past year, contributing to a negative sentiment among investors.

Broader market context indicates that the Sensex has also faced challenges, with a decline of 1.36% over the past week, but it has outperformed Sri Ramakrishna Mills in the year-to-date comparison, which shows a 5.67% increase. The stock's current liquidity is adequate, but a significant drop in delivery volume by 30.75% against the five-day average suggests waning investor interest. The company's high debt levels and weak long-term growth prospects, indicated by an annual operating profit decline of 11.55% over the last five years, further exacerbate the negative outlook, making it a less attractive investment at this time.
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