Why is TBI Corn falling/rising?
As of 23-Sep, TBI Corn Ltd's stock price is at 98.45, up 1.65%, but has declined 4.83% over the past week and 47.97% year-to-date. Despite recent challenges, it has outperformed the benchmark over the past month, gaining 8.31%.
As of 23-Sep, TBI Corn Ltd's stock price is currently at 98.45, reflecting an increase of 1.6, or 1.65%. The stock has shown a performance today that outperformed its sector by 3.45%. Additionally, the delivery volume on 22 September rose by 11.11% compared to the 5-day average, indicating rising investor participation. However, the stock's performance over the past week has been negative, with a decline of 4.83%, and it has significantly underperformed on a year-to-date basis, down 47.97%. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader Market Context: In comparison to the benchmark, the Sensex has shown a slight decline of 0.28% over the past week, while TBI Corn's decline of 4.83% indicates a more pronounced weakness in the stock relative to the broader market. Over the past month, TBI Corn has outperformed the benchmark, gaining 8.31% compared to the Sensex's 1.20% increase. This suggests that while the stock has faced challenges in the short term, it has shown some recovery in the longer term, contrasting with the overall market trend.
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