Tasty Bite Eatables Faces Significant Stock Decline Amid Broader Market Trends

Feb 11 2025 01:50 PM IST
share
Share Via
Tasty Bite Eatables, a small-cap FMCG company, saw a notable decline in its stock today, reversing a brief period of gains. The stock is currently trading below key moving averages and is near its 52-week low, reflecting ongoing challenges in the market.
Tasty Bite Eatables, a small-cap player in the FMCG sector, has experienced a significant decline in its stock performance today, with a drop of 7.0%. This downturn comes after a brief period of gains, marking a trend reversal as the stock has fallen following two consecutive days of increases.

Opening the day with a gap down of 2.53%, Tasty Bite reached an intraday low of Rs 9499.8, reflecting a notable underperformance compared to the broader market, as it lagged behind the Sensex, which declined by only 1.33%. Over the past month, Tasty Bite's stock has decreased by 3.00%, again underperforming the Sensex's 1.42% drop.

Currently, Tasty Bite is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The stock is also close to its 52-week low, sitting just 3.78% above the low of Rs 9141.3. These performance indicators highlight the challenges faced by Tasty Bite Eatables in the current market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News