Why is Tapi Fruit falling/rising?
As of 24-Sep, Tapi Fruit Processing Ltd's stock price is flat at 97.00, with a year-to-date decline of 20.36% compared to a 5.97% gain in the Sensex. Despite a recent 16.45% increase over the past month, the stock has underperformed its sector and the broader market in the long term.
As of 24-Sep, Tapi Fruit Processing Ltd's stock price is flat at 97.00, showing no change (0.00%). The stock has underperformed its sector by 0.69% today, and while it is currently higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. The stock has experienced a significant decline in investor participation, with delivery volume dropping by 54.55% compared to the 5-day average. Over the past week, the stock has decreased by 2.85%, while it has seen a notable increase of 16.45% over the past month. However, year-to-date, the stock is down 20.36%, and over the past year, it has fallen by 16.63%. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.In the broader market context, the Sensex has decreased by 1.08% over the past week, indicating that while Tapi Fruit Processing Ltd has underperformed relative to the benchmark, it has still managed to outperform the index over the past month. The year-to-date performance of the stock is significantly worse than the Sensex, which has gained 5.97% during the same period. This suggests that while the stock has shown some short-term recovery, it remains under pressure in the longer term compared to the overall market performance.
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