Why is Vikram Aroma falling/rising?
As of 26-Jun, Vikram Aroma Ltd's stock price is 97.90, having increased by 1.98% recently, but it remains below key moving averages and has declined 26.39% over the past month. Weak fundamentals and negative financial metrics classify it as a strong sell, indicating significant challenges in regaining investor confidence.
As of 26-Jun, Vikram Aroma Ltd's stock price is currently at 97.90, reflecting an increase of 1.9, or 1.98%. The stock has been gaining for the last two days, with a total return of 2.14% during this period, and it has outperformed its sector by 1.47%. However, despite this recent uptick, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has declined by 2.34%, and it has experienced a significant drop of 26.39% over the past month. The company's weak long-term fundamentals, highlighted by an average Return on Equity (ROE) of 0% and a concerning operating profit decline of 53% over the last five years, contribute to its classification as a strong sell. Additionally, the stock's negative EBITDA and poor ability to service debt, as indicated by an average EBIT to Interest ratio of -1.02, further exacerbate its risk profile.In the broader market context, the Sensex has increased by 2.94% over the past week and 1.92% over the past month, indicating that Vikram Aroma's recent performance is lagging behind the benchmark. While the stock's recent gains may suggest a temporary recovery, the overall negative sentiment surrounding its long-term growth prospects and financial health remains a significant concern. The stock's performance is particularly troubling given that it has generated no returns over the past year, while the benchmark has shown a positive return of 7.19% year-to-date. This stark contrast underscores the challenges Vikram Aroma faces in regaining investor confidence amidst a generally rising market.
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