Why is Tirupati Foam falling/rising?
As of 22-Sep, Tirupati Foam Ltd's stock price is Rs 92.61, up 5.0% recently, but it has a year-to-date decline of 29.57%. Despite short-term gains, the stock underperforms the market overall, with decreased investor participation indicated by a 64.71% drop in delivery volume.
As of 22-Sep, Tirupati Foam Ltd's stock price is currently at Rs 92.61, reflecting an increase of Rs 4.41 or 5.0%. The stock has shown a positive trend recently, gaining 5.24% over the last two days and outperforming its sector by 5.71% today. However, despite this recent uptick, the stock has a year-to-date decline of 29.57% and a one-year decline of 27.79%. Additionally, the stock's delivery volume has decreased significantly, falling by 64.71% against the five-day average, indicating a drop in investor participation. The stock is trading above its 5-day and 20-day moving averages but below its longer-term moving averages, suggesting mixed momentum.In the broader market context, Tirupati Foam's short-term performance over the past month shows a gain of 7.69%, which is better than the Sensex's increase of 1.05% during the same period. However, the stock's year-to-date performance is significantly worse than the benchmark, which has risen by 5.15%. This contrast highlights the challenges faced by Tirupati Foam despite its recent gains, as it continues to lag behind the overall market performance.
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