Why is Yatra Online falling/rising?
As of 23-Jun, Yatra Online Ltd's stock price is Rs 85.70, down 2.6%, with a year-to-date decline of 25.87%. Despite recent profit growth, the stock's long-term fundamentals are weak, leading to significant underperformance compared to the market.
As of 23-Jun, Yatra Online Ltd is experiencing a decline in its stock price, currently at Rs 85.70, reflecting a decrease of 2.29 or 2.6%. The stock has underperformed its sector by 0.74% today and has touched an intraday low of Rs 85.70. Over the past week, the stock has fallen by 7.97%, and it has seen a significant drop of 25.87% year-to-date. Despite positive financial results, including a 52.05% growth in net profit and consistent positive results over the last three quarters, the stock's long-term fundamental strength is weak, with a -14.23% CAGR growth in operating profits over the last five years. Additionally, the stock is trading below all major moving averages, indicating a bearish trend.In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week, contrasting sharply with Yatra Online's performance. The stock has underperformed the market significantly over the past year, generating a return of -33.57% compared to the market's positive return of 6.07%. This underperformance, coupled with a high Price to Book Value ratio of 1.7 and a low Return on Equity of 2.33%, suggests that investors may be cautious about the stock's valuation and future profitability, contributing to its declining price.
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