Why is Tierra Agrotech falling/rising?
As of 24-Sep, Tierra Agrotech Ltd's stock price is Rs 39.30, down 3.89% and reflecting a year-to-date decline of 32.53%. Despite some growth in sales and profit, the company's weak fundamentals and consistent underperformance against the benchmark indicate negative long-term prospects.
As of 24-Sep, Tierra Agrotech Ltd's stock price is currently at Rs 39.30, reflecting a decline of Rs 1.59 or 3.89%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 6.41% during this period. It has also underperformed its sector by 3.7% today. The stock's performance over the past week shows a significant decline of 8.60%, and it has experienced a staggering 32.53% drop year-to-date. Despite some positive indicators such as a substantial growth in net sales and profit after tax, the company's long-term fundamentals are weak, highlighted by a negative Return on Capital Employed (ROCE) and a high Debt to EBITDA ratio, which contribute to its current downward trend.In the broader market context, Tierra Agrotech's performance has been notably worse than the benchmark, with a 1-year return of -40.81% compared to the Sensex's decline of only 3.77%. This consistent underperformance against the benchmark over the last three years further emphasizes the stock's struggles. While there has been a rise in investor participation, as indicated by a significant increase in delivery volume, the overall sentiment remains negative due to the company's poor long-term growth prospects and inability to service its debt effectively.
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