TARC Stock Falls by -5.12% Amidst Decline in Construction Sector Performance

TARC, a midcap construction and real estate company, has recently faced a decline in its stock price. On October 25th, 2024, the company's stock fell by -5.12%, underperforming the sector by -3.41%. This has led to a 'Strong Sell' call by MarketsMOJO.

The stock has been on a consecutive downward trend for the past two days, with a total decline of -8.53% during this period. It also opened with a loss of -4.01% today and touched an intraday low of Rs 218.7 (-5.12%). However, the stock's performance is still higher than the 200-day moving average, but lower than the 5-day, 20-day, 50-day, and 100-day moving averages.

In the construction and real estate sector, TARC's performance has fallen by -2.18%. This decline in the stock's price can be attributed to the overall performance of the sector. However, TARC's 1-day performance of -5.12% is significantly lower than the Sensex's performance of -0.56%. Similarly, the company's 1-month performance of -13.93% is also lower than the Sensex's performance of -6.52%.

It is important to note that this article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or discuss potential future growth. TARC's recent decline in stock price is a reflection of its current performance in the market and the overall performance of the construction and real estate sector. Investors are advised to do their own research and make informed decisions.