Why is Sumit Woods falling/rising?
As of 02-Jul, Sumit Woods Ltd's stock price is 99.37, down 0.37%. Despite outperforming its sector recently, the stock has a significant year-to-date decline of 30.51%, influenced by declining promoter confidence and concerns over long-term growth potential.
As of 02-Jul, Sumit Woods Ltd's stock price is currently at 99.37, reflecting a decrease of 0.37, or 0.37%. The stock has shown a performance today that outperformed its sector by 1.26%. However, it is important to note that while the stock is higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. The stock has experienced a 2.97% increase over the past week and a 2.73% increase over the past month, but it has a significant year-to-date decline of 30.51%. Positive factors include consistent returns over the last three years and strong financial metrics, such as a low debt-equity ratio and high operating profit to interest ratio. Conversely, a decrease in promoter holding and weak long-term fundamental strength, indicated by a low return on capital employed and high debt to EBITDA ratio, may be contributing to the stock's downward pressure.In the broader market context, the stock's recent performance has outpaced the benchmark Sensex, which has only increased by 0.83% over the past week and 2.98% over the past month. However, the year-to-date performance of Sumit Woods is significantly worse than the Sensex's 7.65% increase. This disparity highlights the challenges the company faces despite its recent positive quarterly results and strong historical returns. The combination of declining promoter confidence and concerns over long-term growth potential may be influencing investor sentiment, leading to the stock's current price decline.
{{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
