Why is Vikram Aroma falling/rising?
As of 14-Aug, Vikram Aroma Ltd's stock price is 112.00, down 0.88%, and has underperformed with a 4.40% decline over the past week. Despite a significant increase in delivery volume, the company's weak fundamentals and negative investor sentiment suggest a bearish trend ahead.
As of 14-Aug, Vikram Aroma Ltd's stock price is currently at 112.00, reflecting a decrease of 1.0, or 0.88%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 1.75%. In the past week, the stock has decreased by 4.40%, while it has shown a positive return of 4.67% over the last month. Despite a significant increase in delivery volume, which rose by 543.94% against the 5-day average, the stock's long-term fundamentals appear weak, with an average Return on Equity (ROE) of 0% and a concerning -53.00% annual growth rate in operating profit over the last five years. Additionally, the company's ability to service its debt is compromised, indicated by a poor EBIT to Interest ratio of -1.02, contributing to the stock's negative sentiment.In the broader market context, Vikram Aroma's recent performance contrasts sharply with the Sensex, which has remained relatively flat, declining only 0.03% over the past week. This underperformance against the benchmark suggests that investor sentiment towards Vikram Aroma is particularly negative, especially given the stock's risky profile characterized by a negative EBITDA and a lack of profit growth over the past year. The stock's current trading levels, while above longer-term moving averages, are below shorter-term averages, indicating a potential bearish trend in the near term.
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