Why is T & I Global falling/rising?
As of 15-Jul, T & I Global Ltd's stock price is Rs 180.00, having increased by 0.56% over the last three days. Despite recent short-term gains, the stock has underperformed its sector and the broader market over the past year, facing negative sentiment due to ongoing operating losses and declining net sales.
As of 15-Jul, T & I Global Ltd's stock price is currently at Rs 180.00, reflecting an increase of 1.0 (0.56%). The stock has been gaining for the last three days, with a total return of 5.79% during this period. However, it has underperformed its sector by 0.39% today, and the delivery volume has decreased by 31.07% compared to the five-day average, indicating falling investor participation. Despite trading above all key moving averages, the company has reported negative results for the last five consecutive quarters, with significant operating losses and a decline in net sales. This weak long-term fundamental strength, coupled with a substantial drop in profits over the past year, has contributed to a negative sentiment around the stock.In the broader market context, T & I Global has outperformed the Sensex in the short term, with a one-week return of 3.45% compared to the Sensex's decline of 1.36%. However, the stock has underperformed the market over the past year, generating a return of -22.86% while the broader market has seen a modest gain of 0.37%. This stark contrast highlights the challenges faced by T & I Global, as it struggles with negative operating profits and a lack of investor confidence, despite some recent short-term gains.
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