Tata Technologies Faces Persistent Downward Trend Amidst IT Sector Challenges in October'23

Feb 14 2025 11:35 AM IST
share
Share Via
Tata Technologies has faced significant volatility, hitting a new 52-week low and experiencing a consecutive seven-day decline. The stock has underperformed its sector and dropped 34.36% over the past year, contrasting with the Sensex's gains. It is also trading below key moving averages, indicating ongoing challenges.
Tata Technologies, a prominent player in the IT software industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 725.45. This decline marks a notable downturn for the stock, which has now fallen consecutively for seven days, resulting in a total decrease of 8.47% during this period.

In terms of performance metrics, Tata Technologies has underperformed its sector by 0.8% today, reflecting broader challenges within the market. Over the past year, the stock has seen a substantial decline of 34.36%, contrasting sharply with the Sensex, which has gained 5.43% in the same timeframe.

Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These performance indicators highlight the challenges faced by Tata Technologies in maintaining its market position amidst fluctuating conditions in the IT software sector.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News