Why is Tapi Fruit falling/rising?
As of 07-Jul, Tapi Fruit Processing Ltd's stock price is at 72.85, unchanged, and has underperformed its sector by 2.16%. The stock has declined significantly over the past week, year-to-date, and annually, indicating a bearish trend despite increased investor participation.
As of 07-Jul, Tapi Fruit Processing Ltd's stock price is currently at 72.85, showing no change (0.00%). The stock has underperformed its sector by 2.16% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 9.67%, and it has seen significant declines of 40.19% year-to-date and 48.70% over the past year. While there has been a rise in investor participation with a 16.67% increase in delivery volume compared to the 5-day average, the overall performance remains weak, and there are no positive or negative factors available to provide further insight into the stock's recent movement.In the broader market context, the Sensex has shown a slight decline of 0.22% over the past week, contrasting with Tapi Fruit's more substantial drop. The benchmark has performed positively with a 1.83% increase over the past month and a 7.68% rise year-to-date, highlighting the significant underperformance of Tapi Fruit relative to the market. This disparity suggests that while the market is experiencing some upward momentum, Tapi Fruit is struggling to keep pace, contributing to its declining stock price.
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