Why is Sri Ramakr. Mill falling/rising?

Sep 10 2025 09:36 PM IST
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As of 10-Sep, Sri Ramakrishna Mills (Coimbatore) Ltd is facing a significant decline in stock price, currently at 50.00, with a total drop of 7.24% over the last four days and a year-to-date decline of 24.57%. The company is struggling with weak financial performance, high debt levels, and underperformance compared to its sector and the broader market.
As of 10-Sep, Sri Ramakrishna Mills (Coimbatore) Ltd is experiencing a decline in its stock price, currently at 50.00, with a change of -0.35 (-0.7%). The stock has underperformed its sector by 3.28% today and has been on a consecutive downward trend for the last four days, resulting in a total decline of 7.24% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of -24.53%, while its net sales and profit after tax have both decreased significantly, indicating weak financial performance. The company is characterized by high debt levels and poor long-term growth, with an alarming annual operating profit decline of 162.29% over the last five years.

In the broader market context, the stock's performance contrasts sharply with the benchmark Sensex, which has gained 1.06% over the past week and 1.96% over the last month. While the textile sector has seen a gain of 2.44%, Sri Ramakrishna Mills has struggled significantly, with a year-to-date decline of 24.57% compared to the Sensex's increase of 4.21%. The falling investor participation, evidenced by a 68.17% drop in delivery volume, further exacerbates the stock's challenges, indicating a lack of confidence among investors. Overall, the combination of poor financial results, high debt, and underperformance relative to both the sector and the market contributes to the stock's recent decline.
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