Why is Themis Medicare falling/rising?
As of 12-Nov, Themis Medicare Ltd's stock price is Rs 123.55, up 4.75% today, but it has declined 55.37% over the past year. The company's financial health is concerning, with significant operating profit declines and a lack of investor confidence reflected in zero domestic mutual fund investment.
As of 12-Nov, Themis Medicare Ltd's stock price is currently at Rs 123.55, reflecting an increase of Rs 5.6 or 4.75%. Today's price summary indicates that the stock outperformed its sector by 3.77%, reaching an intraday high of Rs 124.15. However, despite this short-term gain, the stock has shown a decline of 5.65% over the past month and a significant drop of 55.37% over the last year. The company's financial health is concerning, with a negative operating profit growth rate of -138.71% over the last five years and a recent operating profit decline of -182.2%. Additionally, the stock's liquidity is adequate for trading, but there has been a notable decrease in investor participation, with delivery volume falling by 35.9% against the five-day average.In the broader market context, while Themis Medicare's stock has seen a short-term rise, it has underperformed the benchmark Sensex, which has gained 1.21% over the past week. The stock's year-to-date performance is particularly alarming, with a decline of 53.05% compared to the Sensex's increase of 8.10%. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects, further contributing to its negative market sentiment. Overall, while there may be short-term fluctuations, the long-term outlook remains bleak due to poor financial performance and significant underperformance relative to the market.
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