Why is Trinity League falling/rising?
As of 24-Jun, Trinity League India Ltd's stock price is at 10.97, down 7.43%, significantly underperforming against its sector and trading below all key moving averages. The stock has seen a year-to-date decline of 21.59% and a year-on-year drop of 52.05%, contrasting with the Sensex's gain of 6.10%.
As of 24-Jun, Trinity League India Ltd is experiencing a decline in its stock price, currently at 10.97, which reflects a decrease of 0.88 or 7.43%. The stock has underperformed significantly today, falling 7.64% against its sector. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. The stock has also seen a notable drop in investor participation, with delivery volume on 23 June falling by 43.06% compared to the 5-day average. Over the past week, the stock has decreased by 5.10%, and it has shown a year-to-date decline of 21.59%, indicating a persistent downward trend.In the broader market context, while Trinity League has been declining, the benchmark Sensex has shown a slight increase of 0.58% over the past week. This stark contrast highlights the stock's underperformance relative to the market, as it has not only lagged behind the benchmark in the short term but also over longer periods, with a year-on-year decline of 52.05% compared to the Sensex's gain of 6.10%. The lack of positive factors in the dashboard further emphasizes the challenges facing Trinity League, contributing to its current negative momentum in the market.
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