what a fall for Kwality !!!

[r2d2]

Imagine Owning Kwality And Trying To Stomach The 93% Share Price Drop

As every investor would know, not every swing hits the sweet spot. But really bad investments should be rare. So take a moment to sympathize with the long term shareholders of Kwality Limited (NSE:KWALITY), who have seen the share price tank a massive 93% over a three year period. That would certainly shake our confidence in the decision to own the stock. The more recent news is of little comfort, with the share price down 93% in a year. Furthermore, it’s down 41% in about a quarter, which is even more concerning. While a drop like that is definitely a body blow, money isn’t as important as health and happiness. Kwality saw its EPS decline at a compound rate of 22% per year, over the last three years. The share price decline of 59% is actually steeper than the EPS slippage. So it’s likely that the EPS decline has disappointed the market, leaving investors hesitant to buy. The less favorable sentiment is reflected in its current P/E ratio of 1.48.