Tarsons Products Stock Declines by -7.32% Amidst Bearish Trend and High Volatility.

Tarsons Products, a smallcap company in the plastic products industry, saw a decline of -7.32% in its stock on August 14, 2024. The stock has been on a downward trend for the past three days, with a total loss of -7.63% during this period. This underperformance is reflected in the stock's performance today, as it has underperformed the sector by -6.42%.

The stock's intraday low was Rs 450.25, a decrease of -7.27% from its previous close. It has also shown high volatility today, with an intraday volatility of 20.5%, calculated from the weighted average price. This indicates a significant fluctuation in the stock's price throughout the day.

Tarsons Products is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock. This could be a cause for concern for investors.

In comparison to the overall market performance, Tarsons Products has underperformed the Sensex by -7.33% in just one day and -10.21% in the past month. This could be a result of various factors, such as company-specific news or industry trends.

Based on these factors, MarketsMOJO has given a 'Hold' call for Tarsons Products stock. It is important for investors to carefully consider all available information before making any investment decisions.