Why is Vardhman Concr. falling/rising?
As of 30-Jun, Vardhman Concrete Ltd is facing a significant decline in its stock price, currently at 9.31, down 5.0%. Despite reporting positive quarterly results, the company's weak long-term fundamentals and high debt levels contribute to its bearish trend and underperformance compared to the broader market.
As of 30-Jun, Vardhman Concrete Ltd is experiencing a decline in its stock price, currently at 9.31, reflecting a decrease of 0.49 or 5.0%. The stock has been underperforming significantly, with a consecutive fall over the last four days, resulting in a total return of -9.44% in the past week. Additionally, it is trading below all key moving averages, indicating a bearish trend. The company has reported positive quarterly results, with the highest figures in PBDIT, PBT, and PAT, but these positives are overshadowed by its weak long-term fundamentals, including a negative book value and poor growth in net sales and operating profit over the last five years. The high debt levels further contribute to the stock's riskiness.In the broader market context, Vardhman Concrete Ltd's performance contrasts sharply with the benchmark Sensex, which has gained 2.09% over the past week. The stock's significant underperformance is evident as it has fallen by 23.31% over the past month, while the Sensex has risen by 2.65%. This divergence highlights the challenges faced by Vardhman Concrete Ltd, particularly in light of falling investor participation and a substantial drop in delivery volume, which has decreased by 93.39% compared to the five-day average. Overall, the combination of negative market sentiment and the company's fundamental weaknesses is driving the stock's 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
