Why is TVS Supply falling/rising?
As of 19-Aug, TVS Supply Chain Solutions Ltd is currently priced at 133.75, reflecting a recent upward change but has underperformed its sector and the broader market over the past year. Despite a significant increase in net profit, the stock faces volatility due to weak long-term fundamentals and decreased investor interest.
As of 19-Aug, TVS Supply Chain Solutions Ltd is experiencing a price increase, currently at 133.75, reflecting a change of 1.1 or 0.83% upward. The stock has been gaining for the last two days, with a total return of 1.25% during this period. However, it has underperformed its sector by 3.11% today. Over the past week, the stock has seen a slight increase of 0.83%, but it has struggled over the longer term, with a decline of 0.59% over the past month and a significant drop of 30.27% over the past year. The company recently reported a remarkable growth in net profit of 2087.01%, which, along with strong operating cash flow and sales figures, suggests positive underlying performance. However, the stock's weak long-term fundamentals, including a negative return on equity and a high percentage of pledged promoter shares, contribute to its volatility and potential downward pressure.In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has gained 1.76% over the past week. The logistics sector, where TVS operates, has seen a gain of 4.05%, indicating a favorable environment for the industry. Despite this, the stock's liquidity has decreased, with a significant drop in delivery volume, suggesting waning investor interest. The overall market has generated negative returns of -0.91% over the past year, but TVS's decline has been much steeper, highlighting its struggles in comparison to the broader market.
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