Why is Triven.Engg.Ind. falling/rising?
As of 11-Jul, Triveni Engineering and Industries Ltd's stock price is declining at 366.40, down 0.64%, and has underperformed its sector and major indices. The company faces significant financial challenges, including a 15.31% drop in the last month and a 38.5% profit decline over the past year.
As of 11-Jul, Triveni Engineering and Industries Ltd is experiencing a decline in its stock price, currently at 366.40, which reflects a decrease of 2.35 (-0.64%). The stock has underperformed its sector by 0.36% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 2.32%, and in the last month, it has seen a significant drop of 15.31%. Despite a rise in delivery volume by 39.7% against the 5-day average, the stock's overall performance has been poor, with a return of -12.03% over the past year and a concerning profit decline of 38.5%. The company's return on capital employed (ROCE) is low at 7, and its debt-equity ratio is at its highest, indicating financial strain.In the broader market context, the stock's short-term performance has been notably worse than the benchmark, with the Sensex declining only 1.12% over the past week. The stock's long-term growth prospects appear weak, as evidenced by a -5.66% annual growth rate in operating profit over the last five years. Additionally, the stock has underperformed the BSE500 index over various time frames, including the last three years and one year. These factors contribute to a negative sentiment surrounding Triveni Engineering and Industries Ltd, leading to its current price decline.
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