Why is Viceroy Hotels falling/rising?
As of 14-Aug, Viceroy Hotels Ltd is priced at 105.10, having decreased by -0.1% recently. Despite a monthly gain of +7.21%, the stock has a year-to-date decline of -14.20% due to weak fundamentals and reduced institutional interest.
As of 14-Aug, Viceroy Hotels Ltd is currently priced at 105.10, reflecting a slight decrease of -0.1, or -0.1%. The stock has been underperforming recently, having fallen consecutively for the last two days, resulting in a total decline of -1.59% during this period. Despite a positive performance over the last month with a return of +7.21%, the stock has shown a year-to-date decline of -14.20%. The company faces challenges such as weak long-term fundamental strength, indicated by a low Return on Capital Employed (ROCE) of 1.52% and a high Debt to EBITDA ratio of 60.00 times. Additionally, institutional investor participation has decreased, which may contribute to the stock's downward pressure.In the broader market context, Viceroy Hotels has outperformed its sector by 0.69% today, but its short-term performance over the past week shows a decline of -0.85%, while the benchmark Sensex has remained relatively flat with a change of -0.03%. The stock's liquidity appears adequate, with a delivery volume increase of 166.1% compared to the 5-day average, suggesting some investor interest. However, the overall weak fundamentals and falling institutional interest may overshadow these positive indicators, leading to the stock's recent price decline.
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