Why is Tyroon Tea Co. falling/rising?
As of 02-Jul, Tyroon Tea Company Ltd is priced at 103.65 with no change. The stock is underperforming compared to the market, showing a year-to-date decline of 12.72%, while facing operating losses and weak long-term fundamentals.
As of 02-Jul, Tyroon Tea Company Ltd is currently priced at 103.65, showing no change (0.00%). The stock's performance today is inline with the sector, although it is higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Notably, there has been a significant decline in investor participation, with delivery volume dropping by 60.73% against the 5-day average. Over the past year, the stock has generated a return of 2.12%, while profits have risen by 11.1%. However, the company is facing operating losses and has reported a weak long-term fundamental strength, which may contribute to the stock's stagnant price movement.In the broader market context, the stock's 1-week return is -0.62%, while the Sensex has increased by 0.79% during the same period. This indicates that Tyroon Tea Company Ltd is underperforming compared to the benchmark index. Despite a positive return of 2.52% over the past month, the year-to-date performance shows a decline of 12.72%, contrasting sharply with the Sensex's gain of 6.75%. The stock is trading at a premium compared to its peers' average historical valuations, which could be a factor in its current price stability amidst broader market gains.
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