Why is Tejnaksh Health. falling/rising?
As of 02-Jul, Tejnaksh Healthcare Ltd's stock price is Rs 18.58, down 0.21%, and has declined 3.73% over the last two days. Despite increased investor participation, the stock has significantly underperformed the benchmark with a one-year return of -20.63%, attributed to weak long-term fundamentals and negative sentiment regarding its growth prospects.
As of 02-Jul, Tejnaksh Healthcare Ltd's stock price is currently at Rs 18.58, reflecting a decrease of Rs 0.04 or 0.21%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 3.73% during this period. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a recent increase in investor participation, with delivery volume rising by 33.51% against the 5-day average, the stock has underperformed significantly against the benchmark, with a one-year return of -20.63% compared to the Sensex's 5.00% gain. The company's weak long-term fundamentals, including a -5.12% CAGR growth in net sales over the last five years and flat results reported in March, contribute to its declining stock performance.In the broader market context, Tejnaksh Healthcare's recent performance contrasts sharply with the Sensex, which has shown a positive return of 0.79% over the past week and 2.50% over the past month. This stark difference highlights the stock's consistent underperformance against the benchmark, particularly over the last three years, where it has generated negative returns while the broader market has gained. Although the company has a relatively attractive valuation with a Price to Book Value of 1.5 and a PEG ratio of 0.5, these factors have not been sufficient to offset the negative sentiment surrounding its profitability and growth prospects.
{{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
