Why is Trishakti Indus falling/rising?

Sep 24 2025 09:27 PM IST
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As of 24-Sep, Trishakti Industries Ltd's stock price is Rs 158.00, down 3.83% after three consecutive days of decline. Despite strong long-term performance, recent underperformance against the Sensex and weak fundamentals have contributed to its negative momentum.
As of 24-Sep, Trishakti Industries Ltd is experiencing a decline in its stock price, currently at Rs 158.00, which reflects a decrease of Rs 6.3 or 3.83%. The stock has been underperforming recently, having fallen consecutively for the last three days, resulting in a total decline of 7.47% during this period. Despite opening with a gain of 2.86% today and reaching an intraday high of Rs 169, it also touched a low of Rs 156.2. Over the past week, the stock has shown a modest gain of 1.02%, but it has underperformed the benchmark Sensex, which has declined by 1.18%. The stock's long-term performance remains strong, with a 19.70% return over the past year and an impressive 1264.42% increase over the last three years, although it has faced challenges such as a significant drop in net sales and a high price-to-book ratio.

In the broader market context, while Trishakti Industries has outperformed the Sensex in the long term, its recent performance has been lackluster compared to the benchmark, particularly in the short term. The stock's negative momentum is compounded by weak long-term fundamentals, including a concerning average return on equity of 13.57% and a drastic decline in net sales by 90.61% over the last six months. Additionally, despite the stock's historical outperformance, its current valuation appears expensive relative to its peers, which may deter investors. Overall, these factors contribute to the stock's recent downward trend amidst a generally challenging market environment.
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