Why is Tricom Fruit falling/rising?

Jun 26 2025 10:09 PM IST
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As of 26-Jun, Tricom Fruit Products Ltd is priced at 2.46, down 4.65% and has seen an 18% decline over the last four days. Despite strong long-term returns, recent performance is weak, with stagnant growth and declining investor confidence contributing to its downturn.
As of 26-Jun, Tricom Fruit Products Ltd is currently priced at 2.46, reflecting a decline of 0.12 or 4.65%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in an 18% decrease over this period. Additionally, the stock's performance today has underperformed its sector by 5.21%. Despite a strong long-term performance with an 80.88% return over the past year, the company has not declared results in the last six months, and its long-term fundamentals appear weak, with net sales and operating profit growth at 0% over the last five years. This situation, combined with a negative book value and a high debt-to-equity ratio, has contributed to the stock's recent decline.

In the broader market context, the stock's short-term performance has significantly lagged behind the benchmark, with a 1-week return of -18% compared to the Sensex's gain of 2.94%. While the stock has shown strong returns year-to-date and over the past year, the recent downturn indicates a troubling trend that contrasts sharply with the benchmark's positive performance. The falling investor participation, evidenced by a 35.65% drop in delivery volume, further suggests a lack of confidence among investors, contributing to the stock's downward movement.
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