Why is Triveni Enterpri falling/rising?
As of 24-Sep, Triveni Enterprises Ltd's stock price is at 1.50, showing short-term gains but a troubling long-term outlook due to operating losses and significant underperformance over the past year. Despite recent positive trends, the stock remains a risky investment with weak fundamentals.
As of 24-Sep, Triveni Enterprises Ltd's stock price is currently at 1.50, reflecting a rise of 0.01 or 0.67%. The stock has shown a positive trend recently, gaining 2.74% over the past week, outperforming its sector by 0.86%. It has been on a consecutive gain streak for the last four days, with rising investor participation indicated by a significant increase in delivery volume. However, despite these short-term gains, the stock has a troubling long-term outlook, characterized by operating losses and weak fundamental strength, including a poor EBIT to Interest ratio and negative EBITDA. Over the past year, the stock has underperformed significantly, with a return of -34.21%, and has consistently lagged behind the benchmark indices over the last three years.In the broader market context, while Triveni Enterprises has experienced a positive short-term return, the benchmark Sensex has seen a decline of 1.18% over the same week. This indicates that the stock's recent performance is somewhat isolated, as it has not been able to maintain a competitive edge over longer periods, with a year-to-date decline of 43.61% compared to the Sensex's gain of 4.58%. The consistent underperformance against the benchmark and the company's weak financial fundamentals suggest that while there may be short-term upward movements, the overall outlook remains precarious, making it a risky investment.
{{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
