Why is Suyog Telematics falling/rising?
As of 17-Jul, Suyog Telematics Ltd's stock price is 884.00, up 1.89% over three days, but faces long-term growth challenges with a 50.04% year-to-date decline. Despite recent gains, the stock is perceived as a strong sell due to poor financial results and underperformance compared to the market.
As of 17-Jul, Suyog Telematics Ltd's stock price is currently at 884.00, reflecting an increase of 16.4 (1.89%). The stock has been gaining for the last three days, with a total return of 4.23% during this period. It has outperformed its sector by 1.79% today, and the delivery volume has significantly increased by 247.66% compared to the five-day average, indicating rising investor participation. However, despite these positive short-term movements, the company faces challenges such as poor long-term growth, with net sales and operating profit growing at only 9.50% and 6.15% annually over the last five years, respectively. Additionally, the recent negative financial results, including a significant drop in PAT and low ROCE, contribute to a perception of the stock as a strong sell.In the broader market context, Suyog Telematics has shown a short-term return of +3.03% over the past week, while the benchmark Sensex has declined by 1.12% during the same period. However, the stock's year-to-date performance is concerning, with a decline of 50.04%, contrasting sharply with the Sensex's gain of 5.27%. This underperformance over the longer term, coupled with a negative return of -30.42% in the past year against the market's slight positive return, highlights the stock's struggles despite recent gains.
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