Why is TVS Supply falling/rising?
As of 05-Sep, TVS Supply Chain Solutions Ltd is priced at 131.35, down 1.45 (-1.09%). Despite recent positive financial results, the stock has underperformed significantly over the year, facing challenges such as weak long-term fundamentals and declining investor confidence.
As of 05-Sep, TVS Supply Chain Solutions Ltd is currently priced at 131.35, reflecting a decrease of 1.45 (-1.09%). The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 2.63%. It has also touched an intraday low of Rs 129.65. Despite a positive performance over the past week (+7.27%) and month (+3.51%), the stock has significantly underperformed over the year, with a return of -36.52%. The company has reported very positive results with a remarkable growth in net profit and operating cash flow, but it also faces challenges such as weak long-term fundamental strength, a high percentage of pledged promoter shares, and negative returns over the past year, which contribute to the current price decline.In the broader market context, while the Sensex has shown a modest increase of 1.13% over the past week, TVS Supply's recent performance has been notably weaker, particularly in the long term where it has underperformed the benchmark indices. The stock's liquidity remains adequate, but falling investor participation, as indicated by a 12.07% drop in delivery volume, suggests a lack of confidence among investors. Overall, the combination of strong recent financial results tempered by long-term weaknesses and market conditions appears to be driving the stock's current downward movement.
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