Taylormade Renewables Ltd Faces Intense Selling Pressure Amid Continued Price Declines
Taylormade Renewables Ltd is experiencing intense selling pressure, marking its 11th consecutive day of losses. The stock has declined significantly over various time frames, including a 59.33% drop over the past year. It is currently trading below multiple moving averages, indicating a bearish market sentiment.
Taylormade Renewables Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, marking its 11th consecutive day of losses, during which it has fallen by 14.62%. Today, Taylormade Renewables Ltd reported a performance drop of 4.99%, significantly underperforming the Sensex, which decreased by just 0.08%.Over the past week, the stock has declined by 12.50%, and its performance over the last month shows a decrease of 15.49%. In a broader context, Taylormade Renewables has seen a staggering 59.33% drop over the past year, while the Sensex has remained relatively stable with a slight increase of 0.08%.
The stock's price summary indicates it reached an intraday high of Rs 247.85 but fell to a low of Rs 227.75, reflecting the ongoing selling trend. Additionally, Taylormade Renewables is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting the prevailing bearish sentiment in the market.
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