Why is Stove Kraft falling/rising?
As of 28-Aug, Stove Kraft Ltd's stock price is Rs 638.80, down 3.15% and has underperformed with a 26.57% year-to-date decline. Despite some recent institutional interest, the stock's long-term growth prospects are weak, reflected in its negative annual operating profit growth and poor one-year return of -22.02%.
As of 28-Aug, Stove Kraft Ltd's stock price is currently at Rs 638.80, reflecting a decline of Rs 20.8 or 3.15%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 5.5% during this period. Today's trading activity indicates that the stock touched an intraday low of Rs 636 and has experienced a significant decrease in delivery volume, down by 63.05% compared to the five-day average. Over the past week, the stock has decreased by 1.77%, while it has shown a more positive return of 7.18% over the last month. However, the stock's year-to-date performance remains poor, with a decline of 26.57%. Despite an attractive valuation and a recent increase in institutional investor participation, the stock's long-term growth prospects appear weak, as evidenced by a negative annual growth rate in operating profit over the last five years.In the broader market context, Stove Kraft's recent performance contrasts with the benchmark Sensex, which has declined by 2.34% over the past week. The stock's underperformance is further highlighted by its one-year return of -22.02%, significantly worse than the BSE500's decline of -5.01%. This suggests that while the overall market has faced challenges, Stove Kraft has struggled even more, indicating a lack of investor confidence. The combination of flat quarterly results, declining sales, and a high PEG ratio of 2.7 raises concerns about the company's growth potential, contributing to the stock's downward trajectory.
{{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
