Why is T T falling/rising?
As of 17-Jul, T T Ltd's stock price is at 13.92, down 1.97%, and has underperformed its sector today. Despite a positive return of 3.96% over the past week, it has declined 7.32% in the last month and 9.96% year-to-date, contrasting with its strong long-term performance.
As of 17-Jul, T T Ltd's stock price is currently at 13.92, reflecting a decrease of 0.28, or 1.97%. The stock has underperformed its sector today by 2.25% and has experienced a trend reversal, falling after three consecutive days of gains. Additionally, the stock's delivery volume has significantly decreased by 38.55% compared to the five-day average, indicating a drop in investor participation. Over the past week, the stock has shown a positive return of 3.96%, but it has declined by 7.32% over the past month and is down 9.96% year-to-date. Despite these recent declines, the stock has performed well over the longer term, with an 18.02% increase over the past year and a remarkable 375.09% rise over the past five years.In the broader market context, the Sensex has experienced a decline of 1.12% over the past week, while T T Ltd has outperformed this benchmark. However, the stock's recent performance contrasts with the Sensex's positive return of 0.83% over the past month and 5.27% year-to-date. This suggests that while T T Ltd has had strong long-term returns, its recent short-term performance has been weaker relative to both its historical performance and the broader market trends. The lack of available positive or negative factors further complicates the understanding of the stock's current movement, leaving a gap in the analysis of its recent price decline.
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