Why is Total Transport falling/rising?
As of 22-Sep, Total Transport Systems Ltd's stock price is 72.20, down 2.17%, underperforming its sector. Despite positive operating profit growth and strong fundamentals, the stock has significantly underperformed the market over longer periods.
As of 22-Sep, Total Transport Systems Ltd is experiencing a decline in its stock price, currently at 72.20, which reflects a decrease of 1.6 or 2.17%. Today's performance indicates that the stock has underperformed its sector by 1.35%. While the stock is trading above its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a positive return of 3.80%, but it has declined by 2.43% over the past month and has a year-to-date return of -2.02%. Despite these declines, the company has reported positive operating profit growth and has declared positive results for the last three consecutive quarters, which may indicate underlying strength despite the recent price drop.In the broader market context, the stock's short-term performance has outpaced the Sensex, which has only increased by 0.53% over the past week. However, the stock has significantly underperformed the benchmark over longer periods, with a 1-year return of -21.95% compared to the Sensex's -2.28% and a staggering 3-year decline of 59.68% against the Sensex's 42.95% gain. This disparity suggests that while the company has strong fundamentals, including impressive profit growth and attractive valuations, the market sentiment may be weighing on the stock's price, leading to its current decline.
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