Why is Texmo Pipes falling/rising?
As of 15-Sep, Texmo Pipes & Products Ltd is priced at 59.12, down 0.3%. Despite recent declines, the stock has positive weekly and monthly returns but has significantly underperformed year-to-date and over the past year, indicating weak long-term fundamentals.
As of 15-Sep, Texmo Pipes & Products Ltd is currently priced at 59.12, reflecting a decrease of 0.18, or 0.3%. The stock has experienced a trend reversal, falling after three consecutive days of gains. Despite this recent decline, the stock has shown a positive performance over the past week and month, with returns of 3.43% and 2.89% respectively. However, it has underperformed significantly on a year-to-date basis with a decline of 8.28% and a staggering 25.45% drop over the past year. The stock is trading at a discount compared to its peers, and while it has a very attractive valuation with a ROCE of 8.6, the long-term fundamental strength is weak, evidenced by poor growth rates in net sales and operating profit over the last five years.In the broader market context, the Sensex has shown a positive return of 1.24% over the past week and 1.47% over the past month, contrasting with Texmo's recent performance. The stock's liquidity appears adequate for trading, with a delivery volume increase noted, indicating rising investor participation. However, the company's consistent underperformance against the benchmark over the last three years, coupled with weak fundamentals such as a low EBIT to Interest ratio and a declining debtors turnover ratio, suggests that investors may be cautious, contributing to the stock's recent price 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
