Why is Winsome Brew. falling/rising?
As of 22-Sep, Winsome Breweries Ltd's stock price is Rs 31.01, down 3.37%, with a significant decline of 29.14% year-to-date and poor long-term growth indicators. The company's weak fundamentals and operating losses suggest a challenging outlook despite a recent short-term performance increase.
As of 22-Sep, Winsome Breweries Ltd is experiencing a decline in its stock price, currently at Rs 31.01, which reflects a decrease of 1.08 or 3.37%. The stock has underperformed its sector by 2.44% today and has been on a downward trend for the last two days, with a total drop of 7.57% during this period. Despite opening with a gain of 2.03% and reaching an intraday high of Rs 33.77, the stock also hit a low of Rs 31. The company has shown poor long-term growth, with net sales declining at an annual rate of 30.34% over the past five years, and it has significant operating losses, indicated by a negative EBITDA and a weak EBIT to interest ratio of -5.30. Additionally, the stock has generated a return of -44.26% over the past year, far exceeding the broader market's decline of -2.82%.In the broader market context, Winsome Breweries Ltd's short-term performance has been relatively strong compared to the benchmark, as it recorded a 6.09% increase over the past week, while the Sensex only increased by 0.46%. However, the stock's year-to-date performance remains concerning, with a decline of 29.14%, contrasting sharply with the Sensex's gain of 5.15%. The company's majority shareholders are non-institutional, which may contribute to its volatility. Overall, the combination of weak fundamentals, significant losses, and underperformance relative to both the market and its sector suggests a challenging outlook for Winsome Breweries Ltd.
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