Why is TBI Corn falling/rising?
As of 24-Sep, TBI Corn Ltd's stock price is at 96.00, down 2.49% today and 49.26% year-to-date. The stock has underperformed its sector and the broader market, indicating significant challenges despite a recent short-term recovery.
As of 24-Sep, TBI Corn Ltd's stock price is currently at 96.00, reflecting a decline of 2.45, or 2.49%. The stock has underperformed its sector today by 3.18%, and its delivery volume has significantly decreased by 60.91% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a decline of 3.52%, while it has performed better over the past month with a gain of 5.61%. However, year-to-date, the stock is down 49.26%, and over the past year, it has decreased by 53.16%. There is no information available regarding positive or negative factors that could be influencing the stock's recent movement.In the broader market context, TBI Corn Ltd's recent performance contrasts with the Sensex, which has only declined by 1.08% over the past week and has gained 0.75% over the past month. This suggests that while the stock has struggled significantly compared to the benchmark, it has shown some recovery in the short term relative to its own historical performance. The stark difference in year-to-date returns, with TBI Corn down 49.26% versus the Sensex's gain of 5.97%, further highlights the challenges the company is facing in the current market environment.
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