Key Events This Week
05 Jan: Stock opens at Rs.71.91, down 4.12%
06 Jan: Recovery with 3.16% gain to Rs.74.18
07 Jan: New 52-week and all-time high at Rs.77.87
08 Jan: Sharp decline of 4.73% to Rs.71.16
09 Jan: Modest rebound of 1.69% to close at Rs.72.36
Monday, 05 Jan 2026: Weak Start Amid Market Pressure
Tavernier Resources Ltd opened the week at Rs.71.91, down 4.12% from the previous Friday’s close of Rs.75.00. This decline came despite a relatively mild Sensex drop of 0.18% to 37,730.95, signalling stock-specific selling pressure. The low trading volume of 140 shares suggested limited investor participation, possibly reflecting caution ahead of anticipated news or market developments.
Tuesday, 06 Jan 2026: Strong Recovery on Increased Volume
The stock rebounded sharply, gaining 3.16% to close at Rs.74.18, supported by a surge in volume to 2,613 shares. This recovery contrasted with the Sensex’s continued decline of 0.19% to 37,657.70, highlighting relative strength in Tavernier Resources Ltd. The bounce back suggested renewed buying interest, possibly driven by anticipation of positive developments or technical support at lower levels.
Wednesday, 07 Jan 2026: New 52-Week and All-Time High at Rs.77.87
Tavernier Resources Ltd achieved a significant milestone by hitting a new 52-week and all-time high of Rs.77.87, marking a 4.97% gain on the day. The stock opened at this peak and maintained the price throughout the session, reflecting strong demand and investor confidence. This performance notably outpaced the Sensex, which was nearly flat with a marginal 0.03% gain to 37,669.63.
The two-day rally culminating on this date delivered an 8.29% return, underscoring robust momentum. The stock traded above all major moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), a bullish technical signal. Despite the broader market’s subdued performance, Tavernier Resources Ltd’s relative strength within the trading and distributors sector was evident.
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Thursday, 08 Jan 2026: Sharp Correction Amid Market Weakness
The stock reversed sharply, falling 4.73% to Rs.71.16 on heavy volume of 1,037 shares. This decline was more pronounced than the Sensex’s 1.41% drop to 37,137.33, indicating a sell-off in Tavernier Resources Ltd that exceeded broader market weakness. The correction followed the recent peak, suggesting profit-taking or a reassessment of valuations after the rapid gains earlier in the week.
Friday, 09 Jan 2026: Modest Rebound to Close the Week
On the final trading day of the week, the stock recovered 1.69% to close at Rs.72.36, supported by a strong volume of 3,491 shares. Despite this rebound, the stock ended the week down 3.52% from the previous Friday’s close. The Sensex also declined by 0.89% to 36,807.62, reflecting continued market pressure. Tavernier Resources Ltd’s weekly performance, while negative, still outperformed the benchmark index by 1.00 percentage point.
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-01-05 | Rs.71.91 | -4.12% | 37,730.95 | -0.18% |
| 2026-01-06 | Rs.74.18 | +3.16% | 37,657.70 | -0.19% |
| 2026-01-07 | Rs.74.69 | +0.69% | 37,669.63 | +0.03% |
| 2026-01-08 | Rs.71.16 | -4.73% | 37,137.33 | -1.41% |
| 2026-01-09 | Rs.72.36 | +1.69% | 36,807.62 | -0.89% |
Key Takeaways from the Week
1. Volatility Amid Mixed Market Sentiment: Tavernier Resources Ltd’s share price showed significant swings, with a peak at Rs.77.87 followed by a sharp correction, reflecting investor caution despite strong technical signals.
2. Outperformance Relative to Sensex: Despite the weekly decline of 3.52%, the stock outperformed the Sensex’s 2.62% fall, indicating relative resilience in a broadly weak market.
3. Technical Strength at Midweek Peak: The stock’s trading above all major moving averages on 07 Jan signalled robust momentum, supported by consecutive gains and strong volume.
4. Profit-Taking Pressure Post-High: The sharp drop on 08 Jan suggests profit-taking or valuation concerns after the rapid ascent to new highs.
5. Improved Mojo Grade but Cautious Outlook: Tavernier Resources Ltd holds a Mojo Score of 44.0 with a ‘Sell’ grade, upgraded from ‘Strong Sell’ in mid-December, indicating some fundamental improvement but continued caution.
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Conclusion: A Week of Contrasts and Caution
The week ending 09 Jan 2026 was marked by significant volatility for Tavernier Resources Ltd, with a notable peak at Rs.77.87 followed by a correction that tempered gains. While the stock outperformed the Sensex’s decline, the sharp intraday swings highlight the challenges of sustaining momentum amid broader market pressures. The improved Mojo Grade from ‘Strong Sell’ to ‘Sell’ suggests some fundamental progress, yet the cautious rating reflects ongoing risks. Investors should note the stock’s technical strength midweek but remain mindful of the recent profit-taking and market headwinds as the company navigates the trading and distributors sector landscape.
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