Why is Trans India falling/rising?
As of 22-Aug, Trans India House Impex Ltd's stock price has risen to Rs 16.66, up 9.97% due to strong recent quarterly results. However, despite short-term gains, long-term fundamentals are weak, with a year-to-date return of -24.24% and declining promoter holding raising investor concerns.
As of 22-Aug, Trans India House Impex Ltd is experiencing a rise in its stock price, currently at Rs 16.66, reflecting an increase of 1.51 (9.97%). The stock has shown significant momentum, gaining 38.83% over the past week and outperforming its sector by 9.04% today. It opened with a notable gain of 9.9% and has been on a consecutive five-day upward trend. The company recently reported positive quarterly results, marking the highest net sales and profits before interest and tax in recent quarters, which has likely contributed to the stock's upward movement. However, it is important to note that promoter holding has decreased to 27.68%, which may raise concerns among investors regarding long-term stability.In the broader market context, while the stock has surged in the short term, it has underperformed over the longer term, with a year-to-date return of -24.24% compared to a 4.05% gain in the benchmark index. Despite the recent positive performance, the stock's long-term fundamentals remain weak, as indicated by a low return on capital employed and a high debt-to-EBITDA ratio. This suggests that while the stock is currently rising, there are underlying issues that could affect its sustainability in the market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
