Why is Times Guaranty falling/rising?
As of 07-Jul, Times Guaranty Ltd's stock price is at 174.05, having increased by 0.84% today. Despite short-term volatility, the stock has shown strong long-term performance with a 32.61% return over the past year and a significant 336.22% increase over the last three years.
As of 07-Jul, Times Guaranty Ltd's stock price is currently at 174.05, reflecting an increase of 1.45 or 0.84%. Despite opening with a loss of 4.4% and touching an intraday low of Rs 165, the stock has managed to recover and outperform its sector by 0.84% today. Over the past month, the stock has shown a positive return of 3.29%, while year-to-date it has increased by 6.78%. The stock's performance over the last year is particularly strong, with a return of 32.61%. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 52.32% against the 5-day average, indicating growing interest despite the initial drop. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, the stock's short-term performance has been relatively strong compared to the benchmark Sensex, which has seen a decline of 0.20% over the past week while Times Guaranty has decreased by 1.64%. However, the stock's longer-term performance significantly outpaces the benchmark, with a remarkable 336.22% increase over the past three years compared to the Sensex's 54.01%. This suggests that while the stock may experience short-term volatility, its overall trend remains positive, reflecting strong underlying fundamentals and investor confidence.
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