TARC Stock Declines by -5.65% on November 8th, Underperforming Sector and Market

TARC, a midcap construction and real estate company, has recently experienced a decline in its stock price. On November 8th, 2024, the company's stock fell by -5.65%, underperforming the sector by -3.94%. This marks the second consecutive day of losses for TARC, with a total decline of -7.47% in this period.

According to MarketsMOJO, a leading stock analysis platform, the current stock call for TARC is 'Strong Sell'. This is based on the company's recent performance and market trends.

On November 8th, TARC's stock touched an intraday low of Rs 215.3, a decrease of -5.65%. However, the stock's moving averages show a mixed trend, with it being higher than the 200 day moving average but lower than the 5 day, 20 day, 50 day, and 100 day moving averages.

In comparison to the overall market performance, TARC's stock has underperformed. On the same day, the Sensex, India's benchmark index, had a performance of -0.12%, while TARC's performance was -4.97%. Similarly, in the past month, TARC's stock has declined by -17.39%, while the Sensex has only declined by -2.68%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative tone for readers interested in TARC's recent stock performance.