Why is Uni Abex Alloy falling/rising?

Aug 13 2025 09:43 PM IST
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As of 13-Aug, Uni Abex Alloy Products Ltd's stock price is declining, currently at 2,855.00, down 2.14% after a 19.35% drop over the last five days. Despite positive year-to-date returns, investor concerns are rising due to significant declines in profit and net sales, coupled with a lack of domestic mutual fund investment.
As of 13-Aug, Uni Abex Alloy Products Ltd is experiencing a decline in its stock price, currently at 2,855.00, reflecting a decrease of 62.4 points or 2.14%. The stock has been underperforming, having fallen consecutively for the last five days, resulting in a significant 19.35% drop over that period. Today's trading saw the stock reach an intraday high of Rs 3,048.9 but also a low of Rs 2,772.6, indicating volatility. Despite a low Debt to Equity ratio and consistent returns over the past three years, the company reported a substantial decline in profit after tax and net sales, which has contributed to its recent price drop. Additionally, the stock is trading at a premium compared to its peers, which may deter investors.

In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has remained relatively stable with a negligible change of -0.01% over the past week. While Uni Abex has shown positive year-to-date returns of 5.47% compared to the Sensex's 3.07%, the recent downturn highlights investor concerns, particularly given the lack of domestic mutual fund investment in the company. This could indicate a lack of confidence in the stock's valuation or business prospects, further exacerbating its price decline amidst a generally stable market environment.
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