Tarsons Products' Stock Price Drops by -7.35% on August 16, Reflecting 'Hold' Call by MarketsMOJO
Tarsons Products, a smallcap company in the plastic products industry, has seen a -7.35% decline in its stock price on August 16, 2024. The stock has underperformed the sector by -8.56% and has been on a consecutive fall for the last 4 days, with a total decline of -14.31%. Investors are advised to hold their positions as the stock is currently trading below its moving averages and has shown a decline compared to the Sensex performance.
Tarsons Products, a smallcap company in the plastic products industry, has seen a decline in its stock price by -7.35% on August 16, 2024. This drop in stock price has been reflected in the stock call given by MarketsMOJO, which is currently 'Hold'.
The stock has underperformed the sector by -8.56% and has been on a consecutive fall for the last 4 days, with a total decline of -14.31% during this period. On August 16, the stock touched an intraday low of Rs 420.65, showing a decrease of -7.34%.
Tarsons Products is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a downward trend in its stock price.
In comparison to the Sensex performance, Tarsons Products has seen a -6.83% decline in its stock price in the last 1 day, while the Sensex has shown a positive growth of 1.23%. Similarly, in the last 1 month, Tarsons Products has seen a decline of -15.57%, while the Sensex has only declined by -0.79%.
Investors and experts are advised to hold their positions on Tarsons Products, as the company's stock performance has been on a downward trend. This information is based on facts and figures and does not include any external data or sources.
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