Why is Western Carriers falling/rising?
As of 21-Jul, Western Carriers (India) Ltd is priced at 114.30, having recently reversed a six-day decline. Despite a short-term gain, the stock has underperformed the Sensex over the past week and faces challenges such as a significant profit drop and declining institutional interest, indicating a mixed outlook.
As of 21-Jul, Western Carriers (India) Ltd is currently priced at 114.30, reflecting an increase of 1.75 or 1.55%. The stock has shown a trend reversal, gaining after six consecutive days of decline. Despite this recent uptick, the stock has underperformed the benchmark Sensex over the past week, with a decline of 1.76% compared to the Sensex's slight decrease of 0.06%. Over the past month, however, the stock has outperformed the benchmark, rising by 5.30% while the Sensex fell by 0.25%. Positive factors contributing to the stock's movement include high management efficiency indicated by a return on capital employed (ROCE) of 20.41% and an attractive valuation with a 2.2 enterprise value to capital employed ratio. Conversely, the stock faces challenges such as a significant drop in profits by 19% over the past year and a poor long-term growth outlook, with operating profit declining at an annual rate of 4.94% over the last five years.In the broader market context, while Western Carriers has shown some resilience in the short term, the overall market sentiment appears cautious, as indicated by the slight decline in the Sensex. The stock's recent performance has been impacted by falling investor participation, with delivery volume decreasing by 42.5% against the five-day average, and a reduction in institutional investor stakes by 2.02% in the previous quarter. This decline in institutional interest may suggest a lack of confidence in the stock's fundamentals, which could weigh on its future performance. Overall, while the stock has seen a short-term rise, the underlying factors indicate a mixed outlook amidst broader market conditions.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
