Why is Tiger Logistics falling/rising?
As of 02-Sep, Tiger Logistics (India) Ltd is priced at 41.65, down 0.9%, and has underperformed its sector with a total drop of 1.95% over the last two days. Despite recent declines, the company shows strong management efficiency and positive growth in net sales and profits over the past year, although the stock has a negative return of 30.43%.
As of 02-Sep, Tiger Logistics (India) Ltd is currently priced at 41.65, reflecting a decline of 0.38, or 0.9%. The stock has underperformed its sector by 1.61% today and has experienced consecutive falls over the last two days, resulting in a total drop of 1.95%. Over the past week, the stock has decreased by 3.34%, and its performance over the last month shows a significant decline of 14.84%. Despite these short-term challenges, the company has demonstrated strong management efficiency with a high return on capital employed (ROCE) of 30.19% and a low debt to EBITDA ratio of 0.48, indicating a solid ability to service debt. Additionally, the company has reported positive results for the last five consecutive quarters, with net sales growing by 53.56% and profits rising by 74.2% over the past year, although the stock has generated a negative return of 30.43% during the same period.In the broader market context, the Sensex has shown a slight decline of 0.78% over the past week, which indicates that the stock's short-term performance is worse than the benchmark. The stock's liquidity remains adequate for trading, with a delivery volume increase of 28.79% against the five-day average, suggesting rising investor participation. Furthermore, institutional investors have increased their stake by 2.04%, indicating confidence in the company's fundamentals. However, the stock's current trading levels are below all key moving averages, which may contribute to the negative sentiment surrounding its recent price movements.
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