Those Who Purchased Rajshree Sugars and Chemicals (NSE:RAJSREESUG) Shares Three Years Ago Have A 57% Loss To Show For It
If you love investing in stocks you're bound to buy some losers. Long term Rajshree Sugars and Chemicals Limited (NSE:RAJSREESUG) shareholders know that all too well, since the share price is down considerably over three years. Sadly for them, the share price is down 57% in that time. And over the last year the share price fell 21%, so we doubt many shareholders are delighted. On top of that, the share price has dropped a further 8.5% in a month. However, we note the price may have been impacted by the broader market, which is down 6.3% in the same time period.
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View our latest analysis for Rajshree Sugars and Chemicals
Rajshree Sugars and Chemicals isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually expect strong revenue growth. That's because it's hard to be confident a company will be sustainable if revenue growth is negligible, and it never makes a profit.
Depicted in the graphic below, you'll see revenue and earnings over time. If you want more detail, you can click on the chart itself.
Balance sheet strength is crucual. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.
A Different Perspective
We regret to report that Rajshree Sugars and Chemicals shareholders are down 21% for the year. Unfortunately, that's worse than the broader market decline of 4.7%. Having said that, it's inevitable that some stocks will be oversold in a falling market. The key is to keep your eyes on the fundamental developments. Unfortunately, last year's performance may indicate unresolved challenges, given that it was worse than the annualised loss of 9.2% over the last half decade. We realise that Buffett has said investors should 'buy when there is blood on the streets', but we caution that investors should first be sure they are buying a high quality businesses. You might want to assess this data-rich visualization of its earnings, revenue and cash flow.
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on IN exchanges.
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.