Why is Trishakti Indus falling/rising?
As of 13-Jun, Trishakti Industries Ltd's stock price is Rs 149.30, down 3.37%, with a total loss of 7.27% over the last two days. Despite a yearly increase of 192.75%, weak long-term fundamentals and declining investor participation are contributing to the stock's downward trend.
As of 13-Jun, Trishakti Industries Ltd is experiencing a decline in its stock price, currently at Rs 149.30, which reflects a decrease of 5.2 points or 3.37%. The stock has underperformed its sector by 2.85% today and has been on a downward trend for the last two days, accumulating a total loss of 7.27%. Additionally, the stock's performance over the past week shows a decline of 1.65%, while it has seen a significant increase of 192.75% over the past year. However, despite this impressive yearly return, the company has reported weak long-term fundamentals, including a low return on equity (ROE) of 13.57% and a substantial drop in net sales growth of 95.23% over the last nine months, contributing to investor concerns.In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 1.30% over the past week. The stock's liquidity appears to be sufficient for trading, but there has been a notable decrease in investor participation, with delivery volume dropping by 74.97% compared to the five-day average. This decline in trading activity, combined with the company's flat financial results and high valuation metrics, suggests that investors may be cautious, leading to the current downward pressure on the stock price.
{{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
