Why is Vibhor Steel falling/rising?
As of 05-Sep, Vibhor Steel Tubes Ltd is priced at 161.50, with a slight increase of 0.12%. Despite a recent weekly performance of +2.44%, the stock has a year-to-date return of -24.80% and has seen a significant decline in investor participation, indicating ongoing challenges for the company.
As of 05-Sep, Vibhor Steel Tubes Ltd is currently priced at 161.50, reflecting a slight increase of 0.2 (0.12%). The stock has shown a performance of +2.44% over the past week, which is significantly better than the Sensex's +1.13% during the same period. However, the stock's year-to-date return is notably negative at -24.80%, contrasting with the Sensex's positive return of +3.29%. Today's price summary indicates that while the stock is performing inline with its sector, it has experienced a decline in investor participation, with delivery volume falling by -52.17% against the 5-day average. Additionally, the stock's return on capital employed (ROCE) is relatively low at 7.7, and it has a high debt to EBITDA ratio of 4.15, indicating weak long-term fundamental strength.In the broader market context, Vibhor Steel's performance has been underwhelming compared to the market, particularly over the last year where it has fallen by -33.63%, significantly worse than the BSE500's decline of -4.41%. This underperformance highlights the company's struggles, particularly with a recent drop in net sales and increased interest expenses. Despite a slight uptick in price today, the overall trend suggests that the stock is facing significant challenges, which may deter investors looking for stability and growth.
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