Why is TBI Corn falling/rising?

Jun 24 2025 11:04 PM IST
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As of 24-Jun, TBI Corn Ltd's stock price is at 119.20, down 3.91% today and 37.00% year-to-date, significantly underperforming its sector and the Sensex. The stock has seen a drastic decline in delivery volume and a 63.01% drop over the past year, indicating a challenging environment for the company.
As of 24-Jun, TBI Corn Ltd's stock price is currently at 119.20, reflecting a decline of 4.85 points or 3.91%. The stock has underperformed its sector by 2.78% today, and its delivery volume has significantly decreased by 46.85% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a substantial drop of 9.49%, and year-to-date, it has decreased by 37.00%. Although the stock has shown a positive return of 15.73% over the past month, its long-term performance remains concerning, with a decline of 63.01% over the past year. There is no information available regarding positive or negative factors that could influence the stock's recent movement.

In the broader market context, the Sensex has shown a modest gain of 0.77% over the past week, contrasting sharply with TBI Corn's significant decline. This underperformance highlights the stock's struggle relative to the benchmark index, particularly as it has not kept pace with the market's positive trajectory. The stock's performance year-to-date is also notably worse than the Sensex, which has gained 5.92% during the same period. Overall, the combination of declining investor interest and poor short-term returns compared to the benchmark suggests a challenging environment for TBI Corn Ltd.
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