Why is Oriental Trimex falling/rising?
As of 21-Jul, Oriental Trimex Ltd's stock price is at 11.45, down 4.98%, with significant underperformance compared to its sector and a notable drop in delivery volume. Despite strong financial results, the stock's recent decline reflects low investor confidence and broader market trends.
As of 21-Jul, Oriental Trimex Ltd's stock price is currently at 11.45, reflecting a decrease of 0.6, or 4.98%. The stock has underperformed its sector by 5.51% today, and its delivery volume has significantly dropped by 55.21% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a decline of 12.33%, and over the past month, it has decreased by 26.70%. Despite a strong year-to-date performance of 21.16%, the stock's longer-term returns are concerning, with a 3-year decline of 12.13% compared to a 47.62% gain in the benchmark Sensex. The company has reported impressive growth in net sales and profit after tax, which suggests underlying strength; however, the recent price movement reflects a lack of investor confidence.In the broader market context, the Sensex has remained relatively stable with only a slight decline of 0.06% over the past week, contrasting sharply with Oriental Trimex's significant drop. This disparity highlights the stock's underperformance relative to the market. While the company has shown positive financial results, including a substantial increase in net sales and cash reserves, the recent price decline suggests that investor sentiment may be influenced by broader market trends or specific concerns regarding liquidity and participation. Overall, the stock's current trajectory appears to be driven more by market dynamics than by its recent financial performance.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
