Why is Suryo Foods falling/rising?
As of 27-Jun, Suryo Foods & Industries Ltd's stock price is Rs 15.95, down 12.84%, and has underperformed its sector. Despite a short-term gain of 6.19% over the past week, the company faces significant financial challenges, including a negative book value and declining profits.
As of 27-Jun, Suryo Foods & Industries Ltd is experiencing a decline in its stock price, currently at Rs 15.95, which represents a decrease of 2.35 or 12.84%. Today's price summary indicates that the stock has underperformed its sector by 11.86% and has seen a trend reversal after four consecutive days of gains. The stock touched an intraday low of Rs 14.8, reflecting high volatility with an intraday volatility of 10.57%. Despite generating a return of 6.33% over the past year, the company faces significant challenges, including a negative book value and a weak long-term fundamental strength, as evidenced by a -100.00% growth in net sales over the last five years and a high debt-to-equity ratio.In the broader market context, Suryo Foods has shown a short-term return of +6.19% over the past week, which is significantly higher than the Sensex's return of +2.00% during the same period. However, year-to-date, the stock has underperformed with a return of -4.38% compared to the Sensex's +7.58%. The company's consistent returns over the last three years are overshadowed by its current financial instability, including a negative EBITDA and declining profits, which contribute to the stock's recent downward movement.
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