Why is Tricom Fruit falling/rising?
As of 11-Jun, Tricom Fruit Products Ltd's stock price has increased to 2.96, reflecting a 4.96% rise, but concerns about its long-term fundamentals persist due to stagnant growth and high debt. Despite strong short-term performance, declining investor participation suggests potential market sentiment shifts.
As of 11-Jun, Tricom Fruit Products Ltd is experiencing a price increase, with its current price at 2.96, reflecting a rise of 0.14 or 4.96%. The stock has shown strong performance, outperforming the sector by 5.34% today and trading above its moving averages across various time frames. Over the past year, the stock has generated an impressive return of 85.00%, significantly outperforming the BSE 500 index in the last three years, one year, and three months. However, despite this positive short-term performance, there are concerns regarding the company's long-term fundamentals, as it has not declared results in the last six months, and its net sales and operating profit have stagnated at an annual growth rate of 0% over the past five years. Additionally, the company has a high debt-to-equity ratio and a negative book value, which raises concerns about its financial health.In the broader market context, Tricom's short-term return of 1.37% over the past week is slightly below the benchmark Sensex's return of 1.87%. While the stock has shown strong performance in the long term, the recent decline in investor participation, with delivery volume falling by 82.64% against the five-day average, may indicate a potential shift in market sentiment. The combination of strong recent performance and troubling long-term fundamentals creates a complex picture for investors, as the stock's rising price may not be fully supported by its underlying financial health.
{{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
