Why is Triven.Engg.Ind. falling/rising?
As of 01-Jul, Triveni Engineering and Industries Ltd is facing a decline in its stock price, currently at 377.30, down 0.5%. The stock has underperformed significantly, trading below key moving averages and showing negative returns over various periods, alongside a substantial decrease in profits and investor participation.
As of 01-Jul, Triveni Engineering and Industries Ltd is experiencing a decline in its stock price, currently at 377.30, which represents a decrease of 1.9 or 0.5%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 3.97% during this period. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock's performance over the past week and month shows a decline of 2.51% and 13.59%, respectively, while it has generated a negative return of 5.09% over the past year. The company's profits have also decreased significantly by 38.5%, contributing to the negative sentiment surrounding the stock.In the broader market context, Triveni Engineering's recent performance contrasts sharply with the Sensex, which has gained 2.00% over the past week and 2.76% over the past month. This underperformance is further highlighted by the stock's declining investor participation, with delivery volume dropping by 42.9% compared to the 5-day average. The company's financial metrics, including a low return on capital employed (ROCE) of 7 and a high debt-equity ratio of 0.63, suggest poor long-term growth prospects, which have led to a lack of investor confidence. Overall, the combination of weak financial performance, declining stock price, and unfavorable comparisons to the benchmark index has resulted in the stock's downward trajectory.
{{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
