Why is Tasty Bite Eat. falling/rising?
As of 28-Aug, Tasty Bite Eatables Ltd's stock price is at 9,620.00, showing a slight increase but trading below moving averages, indicating a bearish trend. Despite recent positive financial results, the stock has underperformed over the past month compared to the market, with a significant drop in investor participation.
As of 28-Aug, Tasty Bite Eatables Ltd is experiencing a slight increase in its stock price, currently at 9,620.00, reflecting a change of 19.0 (0.2%) upwards. Today's price summary indicates that the stock has outperformed its sector by 1.13% and has shown a trend reversal by gaining after five consecutive days of decline. However, it is trading below all its moving averages, which suggests a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 60.3% against the five-day average. Despite these challenges, the company has reported positive results for the last three consecutive quarters, with net sales growing by 31.23% and a low debt-equity ratio of 0.23 times, indicating financial stability. The stock is trading at a discount compared to its peers, and although it has generated a return of -31.29% over the past year, its profits have increased by 127.6%, resulting in a favorable PEG ratio of 0.5.In the broader market context, Tasty Bite's short-term performance over the past week shows a decline of 2.07%, which is better than the benchmark Sensex's decline of 2.34%. However, the stock's performance over the past month has been significantly worse, with a drop of 15.38% compared to the Sensex's decline of only 1.00%. This indicates that while the stock is currently experiencing a minor uptick, it has struggled in the longer term relative to the market, reflecting broader challenges that may be affecting investor sentiment.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
