Why is Worldwide Alumi. falling/rising?

Jul 18 2025 09:25 PM IST
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As of 18-Jul, Worldwide Aluminium Ltd's stock price is at 20.59, up 4.94%, with strong short-term gains but significant long-term challenges, including operating losses and a poor EBIT to Interest ratio. Despite recent momentum and increased investor interest, the company's long-term growth prospects remain weak, with a negative annual return over the past year.
As of 18-Jul, Worldwide Aluminium Ltd's stock price is currently at 20.59, reflecting an increase of 0.97 or 4.94%. The stock has been gaining momentum, having outperformed its sector by 1.66% today and achieving a consecutive gain over the last two days with a total return of 10.17% during this period. In the past week, the stock has shown a remarkable return of 15.48%, while its performance over the last month is also positive at 9.70%. However, despite these short-term gains, the company has faced significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of -0.83 and negative EBITDA. Additionally, while net sales have increased to Rs 44.52 crore, the stock has underperformed over the past year with a return of -18.91%, significantly worse than the broader market.

In the broader market context, the Sensex has experienced a slight decline of 0.90% over the past week, contrasting with Worldwide Aluminium's strong short-term performance. The stock's ability to attract rising investor participation, evidenced by a 190.83% increase in delivery volume, suggests a growing interest despite its long-term weaknesses. The footwear sector, which has gained 3.12%, may also be contributing to the positive sentiment surrounding the stock. However, it is important to note that the company's long-term growth prospects remain poor, as indicated by its annual operating profit growth rate of only 6.03% over the last five years, which raises concerns about its sustainability in the face of recent gains.
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