Why is Step Two Corp. falling/rising?

Jun 27 2025 09:14 PM IST
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As of 27-Jun, Step Two Corporation Ltd's stock price is at 33.80, up 1.5%, but has declined 11.38% over the past week despite a 9.03% gain in the last month. The company shows strong quarterly results but faces sustainability concerns due to weak long-term fundamentals and declining investor participation.
As of 27-Jun, Step Two Corporation Ltd's stock price is currently at 33.80, reflecting an increase of 0.5 or 1.5%. Today's price summary indicates that the stock has outperformed its sector by 1.41%. However, despite this positive movement, the stock has experienced a significant decline of 11.38% over the past week, while it has shown a modest gain of 9.03% over the past month. The company reported strong quarterly results with the highest PBDIT, PBT, and PAT figures, but it also faces challenges such as weak long-term fundamental strength, indicated by an average Return on Equity (ROE) of 5.16% and a negative EBITDA, which raises concerns about its sustainability.

In the broader market context, the Sensex has increased by 2.00% over the past week and 3.07% over the past month, suggesting that the stock's short-term performance is lagging behind the benchmark. While the stock has generated a return of 6.59% over the past year, it is important to note that its profits have only risen by 27%, indicating potential risks associated with its valuation. Additionally, the falling investor participation, with a significant drop in delivery volume, may further contribute to the stock's volatility and uncertainty in the market.
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