TARC Ltd Faces Continued Stock Decline Amid Broader Market Pressures in Real Estate Sector

TARC Ltd, a small-cap entity in the construction and real estate sector, has faced notable challenges today, with its stock price declining by 7.24%. This marks a continuation of a downward trend, as the stock has underperformed its sector by 2.6% and has seen a total decline of 12.59% over the past three days.
On January 13, 2025, TARC opened with a gap down of 4.15% and reached an intraday low of Rs 153, reflecting a decrease of 7.3%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment among investors.

In the context of the broader market, TARC's one-day performance of -7.54% stands in stark contrast to the Sensex, which experienced a more modest decline of 1.17%. Over the past month, TARC has seen a significant drop of 27.92%, while the Sensex has decreased by 6.89%. The overall construction and real estate sector has also been under pressure, with a decline of 5.01%.