Why is Supreme Inds. falling/rising?
As of 14-Nov, Supreme Industries Ltd's stock price is Rs 3,708.45, down 3.28% and has underperformed its sector. Despite strong fundamentals, the company has faced negative results for five consecutive quarters, leading to a significant year-to-date decline of 21.24% and contributing to investor caution.
As of 14-Nov, Supreme Industries Ltd is experiencing a decline in its stock price, currently at Rs 3,708.45, which reflects a decrease of Rs 125.9 or 3.28%. The stock has underperformed its sector by 2.08% today and has been on a consecutive downward trend for the last two days, resulting in a total drop of 5.02%. It has also touched an intraday low of Rs 3,691.1. Over the past week, the stock has decreased by 3.23%, and its year-to-date performance shows a significant decline of 21.24%. Despite strong long-term fundamentals, including a healthy average Return on Equity (ROE) of 22.90% and low debt levels, the company has faced negative results for the last five consecutive quarters, which has adversely impacted investor sentiment.In the broader market context, while the Sensex has shown a positive return of 1.62% over the past week, Supreme Industries Ltd has lagged significantly, highlighting its struggles in comparison to the benchmark. The stock's performance over the last year has been particularly poor, with a return of -18.32%, contrasting sharply with the market's overall gain of 8.00%. This underperformance, coupled with high institutional holdings and an expensive valuation relative to peers, suggests that despite its strong fundamentals, the negative financial results and declining profitability are driving investor caution and contributing to the stock's recent 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
