Why is TGB Banquets falling/rising?

Jun 30 2025 09:06 PM IST
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As of 30-Jun, TGB Banquets & Hotels Ltd's stock price is declining at 12.11, down 2.18% today and 6.12% over the past week, despite positive quarterly results. The stock's long-term fundamentals are weak, with significant promoter share pledges and poor performance compared to the market, reflected in a one-year return of -28.43%.
As of 30-Jun, TGB Banquets & Hotels Ltd is experiencing a decline in its stock price, currently at 12.11, which reflects a decrease of 0.27 or 2.18%. The stock has underperformed its sector by 2.03% today and has been on a consecutive downward trend for the last two days, with a total decline of 2.34% during this period. Over the past week, the stock has seen a significant drop of 6.12%, while it has shown a modest gain of 11.82% over the past month. Despite reporting positive quarterly results, including the highest PAT and net sales, the stock's long-term fundamentals are weak, evidenced by a low average return on capital employed and a concerning debt servicing ability. Additionally, 30.41% of promoter shares are pledged, which may contribute to downward pressure on the stock price in a falling market.

In the broader market context, the stock's performance has been notably poor compared to the benchmark, with a one-year return of -28.43% against the Sensex's gain of 5.79%. This stark contrast highlights the stock's struggles, particularly as the market has generated positive returns of 3.95% over the last year. The weak investor participation, indicated by a significant drop in delivery volume, further suggests a lack of confidence among investors. Overall, while the company has shown some positive short-term metrics, the prevailing negative factors and underperformance relative to the market are contributing to the stock's current decline.
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