Why is True Green falling/rising?
As of 03-Jul, True Green Bio Energy Ltd's stock price is Rs 79.20, up 5.0% today, but the company faces significant challenges such as operating losses and a poor ability to service debt. Despite recent short-term gains, the stock has underperformed over the long term, indicating potential risks ahead.
As of 03-Jul, True Green Bio Energy Ltd's stock price is currently at Rs 79.20, reflecting an increase of Rs 3.77 or 5.0%. The stock has shown strong performance today, outperforming its sector by 4.7% and has been on a consecutive gain streak for the last two days, accumulating a total return of 11.22% during this period. Additionally, the stock opened with a gain of 4.73% today and reached an intraday high of Rs 79.20. Despite this positive short-term movement, the company faces significant challenges, including operating losses and a weak ability to service its debt, indicated by a poor EBIT to Interest ratio of -0.02. Furthermore, 57.5% of promoter shares are pledged, which can exert downward pressure on the stock in adverse market conditions.In the broader market context, True Green's recent performance contrasts with the benchmark, as it has gained 5.95% over the past week while the Sensex has declined by 0.62%. However, the stock has underperformed over the longer term, with a year-to-date decline of 28.00% compared to the Sensex's increase of 6.53%. While the stock has generated a remarkable return of 159.08% over the past year, its profitability remains low, with an average Return on Equity of just 2.95%. This combination of strong short-term gains against a backdrop of long-term weaknesses suggests that while the stock is currently rising, it faces significant risks that could affect its sustainability.
{{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
