Why is Vikram Aroma falling/rising?
As of 13-Aug, Vikram Aroma Ltd's stock price is Rs 113.00, down 0.88%, and has underperformed its sector by 2.86%. The company faces significant challenges, including weak fundamentals and a negative EBIT to Interest ratio, indicating high risk for investors.
As of 13-Aug, Vikram Aroma Ltd's stock price is currently at Rs 113.00, reflecting a decrease of Rs 1.0 or 0.88%. The stock has underperformed its sector today by 2.86%, trading within a narrow range of Rs 1. It is noteworthy that the stock has shown a decline of 5.44% over the past week, while it has gained 4.87% over the past month. However, the company faces significant challenges, including weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 0% and a concerning annual operating profit decline of 53% over the last five years. Additionally, the company's ability to service its debt is compromised, as evidenced by a negative EBIT to Interest ratio of -1.02, and it has reported a negative EBITDA, which adds to the risk associated with the stock.In the broader market context, the Sensex has remained relatively stable with a negligible change of -0.01% over the past week, contrasting with Vikram Aroma's more pronounced decline. The chemicals sector has gained by 2%, indicating that the overall market sentiment is more positive compared to Vikram Aroma's performance. The stock's recent underperformance, coupled with falling investor participation—evidenced by an 11.69% drop in delivery volume—suggests a lack of confidence among investors, further contributing to the stock's downward movement.
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