Why is Tirupati Foam falling/rising?
As of 12-Jun, Tirupati Foam Ltd is priced at 97.90, down 3.15 (-3.12%), and has declined 20.24% over the past seven days. The stock has underperformed its sector and shows weak long-term fundamentals, with a year-to-date drop of 25.55% and a high Debt to EBITDA ratio, indicating ongoing challenges in the market.
As of 12-Jun, Tirupati Foam Ltd is currently priced at 97.90, reflecting a decrease of 3.15 (-3.12%). The stock has been on a downward trend, having underperformed its sector by 1.22% today and experiencing a consecutive fall for the last seven days, resulting in a total decline of 20.24% during this period. It opened with a significant loss of 4.95% and reached an intraday low of Rs 96.05. In terms of returns, the stock has performed poorly over the past week and month, with declines of 19.75% and 21.65%, respectively, while it has shown a year-to-date drop of 25.55%. Although the stock has generated a return of 10.29% over the past year, its long-term fundamentals are weak, evidenced by a -3.33% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 5.07 times, which indicates low profitability per unit of shareholders' funds.In the broader market context, the Sensex has shown a slight increase of 0.31% over the past week, contrasting sharply with Tirupati Foam's significant decline. This underperformance highlights the stock's struggles relative to the market. Despite a rise in investor participation, with delivery volume increasing by 291.04% against the 5-day average, the overall sentiment remains negative due to the company's weak long-term fundamental strength and flat financial results. The stock's current trading position below all key moving averages further underscores its challenges in gaining traction in the market.
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