Why is Umiya Buildcon falling/rising?
As of 09-Jul, Umiya Buildcon Ltd's stock price is Rs 80.10, down 3.49% after consecutive declines. Despite a recent profit surge, the stock has underperformed against the benchmark Sensex and shows weak long-term fundamentals.
As of 09-Jul, Umiya Buildcon Ltd's stock price is currently at Rs 80.10, reflecting a decrease of Rs 2.9 or 3.49%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.64% during this period. Despite opening with a gain of 8.42% today and reaching an intraday high of Rs 89.99, it has also experienced significant volatility, trading within a wide range of Rs 9.9. The stock's recent performance shows a 1.15% increase over the past week, but it has underperformed the sector by 2.34% today. Positive factors include a notable growth in net sales and profits, with a 487.9% increase in profits over the past year, yet the stock's long-term fundamentals are weak, as indicated by a low Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio.Broader market context reveals that while Umiya Buildcon has shown a 12.03% increase over the past month, it has lagged behind the benchmark Sensex, which has risen by 1.32% in the same timeframe. Over the last year, the stock has generated a return of -1.05%, significantly underperforming the Sensex's gain of 3.96%. This consistent underperformance against the benchmark over the last three years, coupled with a decline in investor participation and liquidity concerns, suggests that market sentiment may be negatively impacting the stock's price movement.
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