Why is Sterling Green falling/rising?

Jun 24 2025 09:23 PM IST
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As of 24-Jun, Sterling Green Woods Ltd's stock price has increased to Rs 40.95, reflecting a 7.76% rise, but it has a negative year-to-date return of -14.69%. Despite recent positive quarterly results and strong short-term performance, underlying issues such as declining delivery volume and weak long-term fundamentals raise concerns about sustainable growth.
As of 24-Jun, Sterling Green Woods Ltd is experiencing a price increase, with its current price at Rs 40.95, reflecting a rise of Rs 2.95 or 7.76%. Today's price summary indicates that the stock outperformed its sector by 7.42%, opening with a gain of 4.74% and reaching an intraday high of Rs 41.7, which is a 9.74% increase. Over the past month, the stock has shown a positive return of 7.76%, significantly higher than the benchmark Sensex's return of 0.41%. However, the stock has faced challenges, as evidenced by a substantial drop in delivery volume, which fell by 83.19% compared to the 5-day average. Despite these concerns, the company reported positive quarterly results, with the highest PBDIT, PBT, and PAT figures, contributing to the stock's upward movement.

In the broader market context, while the stock has outperformed the sector recently, it has a negative year-to-date return of -14.69%, contrasting with the Sensex's positive return of 5.01%. This indicates that although the stock is currently rising, it has struggled significantly over the longer term. The company has shown strong returns over the past year at 23.34%, but this is juxtaposed with weak long-term fundamentals, including a -14.38% CAGR growth in net sales over the last five years and a high debt-to-EBITDA ratio. These factors suggest that while the stock may be experiencing a temporary rise, underlying issues could pose risks for sustained growth.
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