Why is Triven.Engg.Ind. falling/rising?
As of 24-Jul, Triveni Engineering and Industries Ltd is priced at 372.50, showing a short-term increase but a significant year-to-date decline of 17.79% and poor long-term growth prospects due to falling profits and negative operating profit growth. Despite outperforming the sector recently, concerns about liquidity and investor confidence persist.
As of 24-Jul, Triveni Engineering and Industries Ltd is currently priced at 372.50, reflecting an increase of 3.2, or 0.87%. The stock has outperformed its sector today by 1.29%, although it is trading higher than its 5-day and 20-day moving averages but lower than its 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 3.07%, contrasting with a slight decline of 0.09% in the Sensex. However, the stock has experienced a significant decline of 17.79% year-to-date and a 9.87% drop over the past year, with profits falling by 38.5%. Furthermore, the stock is trading at a discount compared to its peers, but its long-term growth prospects appear poor, as indicated by a negative operating profit growth rate of -5.66% over the last five years.In the broader market context, the stock's recent short-term performance has been favorable compared to the Sensex, which has seen a slight decline. Despite this, Triveni Engineering has underperformed the broader market over longer periods, including a 9.87% decline in the past year and underperformance against the BSE500 over the last three years. The falling investor participation, as evidenced by a 53.69% drop in delivery volume, raises concerns about liquidity and investor confidence. Overall, while there is a short-term uptick in price, the long-term outlook remains challenging due to declining profits and poor growth metrics.
{{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
