Why is Thakral Services falling/rising?
As of 19-Sep, Thakral Services (India) Ltd is currently priced at Rs 13.98, reflecting a recent increase but facing significant long-term challenges, including a negative book value and declining net sales. Despite short-term gains, the stock has underperformed over the past year, indicating a risky investment.
As of 19-Sep, Thakral Services (India) Ltd is experiencing a price increase, currently at Rs 13.98, reflecting a rise of 1.27 or 9.99%. The stock has shown significant short-term performance, gaining 33.14% over the past week and 36.39% over the past month, while outperforming its sector by 9.79% today. It has been on a consecutive gain streak for five days, opening with a gap up of 9.99% today and reaching an intraday high of Rs 13.98. Despite this positive movement, the company faces challenges, including a negative book value and weak long-term fundamentals, with net sales declining at an annual rate of -55.53% over the last five years and a high debt-to-equity ratio. In the broader market context, while the stock has significantly outperformed the Sensex in the short term, which only increased by 0.88% over the past week, it has underperformed over the longer term, with a year-to-date decline of -73.25% compared to the Sensex's gain of 5.74%. This stark contrast highlights the stock's volatility and the risks associated with its negative EBITDA and poor long-term growth prospects. Despite the recent price rise, the overall performance indicates a risky investment, as the stock has generated a return of -58.99% over the past year, significantly worse than the broader market's decline.
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