Why is Shree TirupatiBa falling/rising?
As of 31-Jul, Shree Tirupati Balajee Agro Trading Co. Ltd is currently priced at 52.49, reflecting a recent upward trend despite a year-to-date decline of 25.33%. The stock has outperformed the Sensex in the short term, but faces long-term challenges due to weak financial fundamentals and declining institutional interest.
As of 31-Jul, Shree Tirupati Balajee Agro Trading Co. Ltd is experiencing a price increase, currently at 52.49, reflecting a change of 0.84 or 1.63% upward. The stock has shown a strong performance recently, gaining 16.41% over the last three days and outperforming its sector by 3.05%. Over the past week, the stock has risen by 14.48%, while it has also outperformed the benchmark Sensex, which has declined by 1.22% during the same period. However, despite these short-term gains, the stock has a year-to-date decline of 25.33% and has faced challenges with a -9.29% CAGR growth in operating profits over the last five years, indicating weak long-term fundamental strength.In the broader market context, the stock's recent performance contrasts sharply with the benchmark, as it has significantly outperformed the Sensex in the short term. While the stock has seen rising investor participation with a notable increase in delivery volume, it faces headwinds from declining institutional interest, with a -1.31% reduction in their stake over the previous quarter. Additionally, the company's financials reveal a high Debt to EBITDA ratio of 3.40 times and a low average Return on Equity of 8.66%, which may raise concerns among investors regarding its long-term profitability and ability to service debt.
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