Why is TVS Supply falling/rising?
As of 04-Sep, TVS Supply Chain Solutions Ltd's stock price is Rs 132.80, down 1.56%, and has underperformed its sector. Despite a recent positive return over the past week, the stock has a significant year-to-date decline of 25.54% and faces a negative outlook due to weak fundamentals and high pledged shares.
As of 04-Sep, TVS Supply Chain Solutions Ltd is experiencing a decline in its stock price, currently at Rs 132.80, reflecting a decrease of Rs 2.1 or 1.56%. Today's price summary indicates that the stock has underperformed its sector by 0.54% and has fallen after three consecutive days of gains, reaching an intraday low of Rs 132.15. Over the past week, the stock has shown a positive return of 7.49%, while its one-month return stands at 5.90%. Despite these short-term gains, the stock has a significant year-to-date decline of 25.54% and a one-year drop of 32.52%. Positive factors include a remarkable growth in net profit and operating cash flow, but these are overshadowed by negative aspects such as weak long-term fundamental strength, a high percentage of pledged promoter shares, and a poor ability to service debt.In the broader market context, the stock's performance contrasts sharply with the benchmark, as it has underperformed the Sensex, which has gained 0.80% over the past week and is up 3.30% year-to-date. The stock's significant decline over the past year, at -32.52%, is notably worse than the market's negative return of -4.38%. This underperformance, combined with the increased proportion of pledged shares and weak operating profit growth, contributes to a negative outlook for the stock, leading to its current price decline.
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