Why is Shree TirupatiBa falling/rising?
As of 29-Sep, Shree Tirupati Balajee Agro Trading Co. Ltd's stock price is Rs 47.00, down -2.73% and has declined -8.93% over the last four days. The stock has underperformed significantly over the past year with a return of -42.88%, reflecting weak financials and declining institutional investor confidence.
As of 29-Sep, Shree Tirupati Balajee Agro Trading Co. Ltd is experiencing a decline in its stock price, currently at Rs 47.00, reflecting a decrease of -1.32 (-2.73%). The stock has been underperforming, having fallen consecutively for the last four days, resulting in an overall decline of -8.93% during this period. It has also underperformed its sector by -1.33% today. The stock is trading below all its moving averages, indicating a bearish trend. Over the past year, the stock has generated a return of -42.88%, significantly worse than the benchmark, which saw a decline of -6.08%. Additionally, the company's financials show a troubling trend, with profits falling by -13% and negative results reported for the last three consecutive quarters.In the broader market context, the stock's performance has been notably weaker than the benchmark, as it has underperformed the market significantly over the past year, with a return of -42.88% compared to the BSE500's -7.50%. This stark contrast highlights the stock's struggles, compounded by a weak long-term fundamental strength characterized by a -9.29% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 3.40 times. Furthermore, falling participation from institutional investors, who have reduced their stake by -1.31%, suggests a lack of confidence in the company's future prospects, further contributing to the stock's downward trajectory.
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