Why is Yuranus Infrast. falling/rising?
As of 10-Jul, Yuranus Infrastructure Ltd's stock price is Rs 62.01, down 1.74%, and has significantly underperformed with a 25.99% decline over the past month. Weak fundamentals and negative financial performance contribute to ongoing investor skepticism and a stark contrast to the broader market.
As of 10-Jul, Yuranus Infrastructure Ltd's stock price is currently at Rs 62.01, reflecting a decrease of Rs 1.1 or 1.74%. The stock has underperformed significantly, with a decline of 3.26% over the past week and a staggering 25.99% over the past month. It is also trading close to its 52-week low, just 3.08% away from Rs 60.1. The stock has been on a downward trend, losing value for the last two consecutive days, and has shown a narrow trading range of Rs 0.11. Despite a rise in delivery volume by 154.41% on July 9, indicating increased investor participation, the company's fundamentals remain weak, with negative results reported for the last three quarters and a poor EBIT to Interest ratio of 0.17, suggesting challenges in servicing its debt.In the broader market context, Yuranus Infrastructure Ltd has significantly underperformed compared to the benchmark, with a one-year return of -39.30% against the BSE500's positive return of 1.46%. This stark contrast highlights the stock's struggles relative to the market. The company's weak long-term fundamentals, characterized by operating losses and declining sales, further contribute to investor skepticism, despite some increasing participation from institutional investors. Overall, the combination of negative financial performance and underwhelming market returns has led to the stock's continued decline.
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