Why is TBI Corn falling/rising?
As of 10-Jun, TBI Corn Ltd's stock price is at 116.95, up 4.98%, with a significant increase in delivery volume. Despite recent gains, the stock has declined 38.19% year-to-date and 46.41% over the past year, indicating ongoing challenges despite outperforming the sector recently.
As of 10-Jun, TBI Corn Ltd's stock price is currently at 116.95, reflecting an increase of 5.55, or 4.98%. The stock has shown strong performance today, outperforming its sector by 4.77%. Additionally, the stock's delivery volume has significantly increased by 833.33% compared to the 5-day average, indicating rising investor participation. In terms of returns, the stock has gained 3.50% over the past week and 22.65% over the past month, although it has experienced a decline of 38.19% year-to-date and 46.41% over the past year. There are no positive or negative factors available to further explain the stock's recent movement.In the broader market context, TBI Corn Ltd's short-term performance has outpaced the Sensex, which has risen by 2.29% over the past week and 4.57% over the past month. This suggests that while the stock has been recovering recently, it still faces significant challenges given its substantial year-to-date and one-year declines compared to the benchmark's positive returns. The liquidity of the stock is adequate for trading, which may also contribute to its recent price rise.
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