Why is Vindhya Telelink falling/rising?
As of 20-Aug, Vindhya Telelinks Ltd's stock price is Rs 1,579.80, up 3.21% recently, but it has declined 37.84% over the past year. While short-term gains are evident, the long-term outlook remains weak due to poor operating profit growth and a significant year-over-year decline.
As of 20-Aug, Vindhya Telelinks Ltd is experiencing a price increase, with its current price at Rs 1,579.80, reflecting a rise of 49.1 points or 3.21%. The stock has shown a positive trend recently, gaining for three consecutive days and achieving a total return of 6.03% during this period. It has outperformed its sector by 3.02% today. Despite this short-term gain, the stock has a negative performance over the past month, down 7.41%, and a significant decline of 37.84% over the past year. The stock's valuation appears attractive with a return on capital employed (ROCE) of 4.6 and is trading at a discount compared to its peers, although its profits have decreased by 8.4% over the past year.In the broader market context, Vindhya Telelinks' recent performance contrasts with the Sensex, which has increased by 1.64% over the past week. The stock's short-term gains are notable, especially given its underperformance over the last year, where it fell significantly more than the market average. The liquidity of the stock has improved, with a notable increase in delivery volume, suggesting rising investor participation. However, the long-term growth outlook remains poor, as indicated by a low operating profit growth rate of 3.24% over the last five years and flat results in the most recent quarter, which may temper investor enthusiasm despite the recent price rise.
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