Why is Triveni Enterpri falling/rising?
As of 19-Nov, Triveni Enterprises Ltd's stock price is at 1.50, down 7.41%, and has significantly underperformed its sector and the broader market. Year-to-date, it has declined 43.61%, contrasting with the Sensex's gain of 9.02%.
As of 19-Nov, Triveni Enterprises Ltd is experiencing a decline in its stock price, currently at 1.50, which reflects a decrease of 0.12 or 7.41%. The stock has underperformed its sector by 7.15% today, and while it is higher than the 50-day moving average, it remains lower than the 5-day, 20-day, 100-day, and 200-day moving averages. The stock has shown a significant decline over the year-to-date, down 43.61%, and has also underperformed in the 1-week and 3-year periods, with returns of -9.09% and -46.24%, respectively. Despite a slight increase in delivery volume, which rose by 2.1% against the 5-day average, there are no positive or negative factors available to provide further context on the stock's recent movement.In the broader market context, the Sensex has shown a positive return of 0.85% over the past week, contrasting with Triveni Enterprises' negative return of -9.09%. This indicates that while the overall market is experiencing gains, Triveni Enterprises is lagging significantly behind, contributing to its downward price movement. The stock's year-to-date performance is also notably poor compared to the Sensex, which has gained 9.02% in the same timeframe, further highlighting the challenges faced by Triveni Enterprises in the current market environment.
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