Why is Winsome Brew. falling/rising?
As of 04-September, Winsome Breweries Ltd's stock price is Rs 28.36, reflecting a recent increase but a significant year-to-date decline of 35.19%. Despite short-term gains, the company faces ongoing operational challenges and weak long-term fundamentals.
As of 04-September, Winsome Breweries Ltd is experiencing a price increase, with its current price at Rs 28.36, reflecting a change of 0.36 or 1.29% upward. The stock has shown a positive performance in the short term, gaining 4.19% over the last two days and outperforming its sector by 3.53%. However, it remains close to its 52-week low, just 4.83% away from Rs 26.99. Despite this recent uptick, the stock has had a challenging year, with a year-to-date decline of 35.19% and a significant drop of 48.11% over the past year. The company faces operating losses and weak long-term fundamentals, as indicated by a poor EBIT to Interest ratio and declining net sales growth of -30.34% over the last five years.In the broader market context, Winsome Breweries Ltd's short-term return of +4.04% over the past week significantly outpaces the Sensex, which has only increased by 0.80%. Despite this recent positive movement, the stock's long-term performance has been dismal compared to the benchmark, with a one-year return of -48.11% against the Sensex's -1.98%. The overall market has shown negative returns, but Winsome Breweries Ltd's decline has been much steeper, indicating that while there may be short-term gains, the stock remains under pressure due to its weak fundamentals and overall market performance.
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