Why is TGB Banquets falling/rising?
As of 16-Sep, TGB Banquets & Hotels Ltd's stock price is at 11.67, reflecting a slight increase today but a decline of 4.34% over the past week and 21.68% over the past year. Despite recent positive quarterly results, the stock faces challenges such as weak long-term fundamentals and declining investor participation.
As of 16-Sep, TGB Banquets & Hotels Ltd is experiencing a slight increase in its stock price, currently at 11.67, reflecting a change of 0.11 or 0.95% upward. Despite this positive movement today, the stock has shown a decline of 4.34% over the past week and a significant drop of 21.68% over the past year. Today's performance indicates that the stock has outperformed its sector by 1.91%, although it is trading below several moving averages, specifically the 5-day, 20-day, 50-day, and 200-day averages. The company has reported positive results for the last three consecutive quarters, with net sales growing by 28.28% and a profit after tax of Rs 1.09 crore, which may contribute to the recent uptick. However, the stock faces challenges such as weak long-term fundamental strength, a high percentage of pledged promoter shares, and poor performance relative to broader market indices.In the broader market context, the stock's performance has lagged behind the Sensex, which has gained 1.58% over the past week and 5.43% year-to-date, while TGB Banquets has shown a year-to-date decline of 15.74%. This underperformance is further highlighted by the company's weak long-term growth metrics, including a low return on capital employed and a negative EBIT to interest ratio, which may deter investor confidence. Additionally, the significant drop in delivery volume by 70.97% compared to the 5-day average suggests a decline in investor participation, which could further pressure the stock price in a falling market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
