Why is Symphony falling/rising?

Jul 04 2025 08:54 PM IST
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As of 04-Jul, Symphony Ltd. is priced at 1,132.65, having gained 0.42% recently, but it has shown mixed performance over different time frames and underperformed against benchmarks over the past year. Despite positive quarterly results and high management efficiency, its long-term growth prospects appear limited, leading to potential investor caution.
As of 04-Jul, Symphony Ltd. is currently priced at 1,132.65, reflecting an increase of 4.7 points or 0.42%. The stock has been gaining for the last two days, with a total return of 2.3% during this period, and it has outperformed its sector by 0.34%. However, despite this recent uptick, the stock has shown a mixed performance over different time frames, with a 1-week return of +4.58% but a 1-month decline of -3.36%. The company boasts a high management efficiency with a return on equity (ROE) of 16.86% and a low debt-to-equity ratio, indicating financial stability. Positive quarterly results have also been reported, with significant growth in profit before tax and net sales. Nevertheless, the stock has underperformed against benchmarks over the past year and has a relatively high price-to-earnings growth (PEG) ratio of 4, suggesting that while profits have risen, the stock may be overvalued compared to its peers.

In the broader market context, Symphony's recent performance contrasts sharply with the benchmark, as it has consistently underperformed against the Sensex over the last three years. While the stock has gained in the short term, the benchmark has shown a positive return of 3.01% over the last month, highlighting a lack of momentum relative to the market. The stock's long-term growth prospects appear limited, with net sales and operating profit growing at annual rates of only 7.40% and 8.64%, respectively, over the past five years. This consistent underperformance against the broader market may contribute to investor caution, despite the recent positive price movement.
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