TCI Stock Faces Downward Trend, Underperforms Sector and Market

Transport Corporation of India (TCI) has been facing a downward trend in its stock performance, with a loss of -5.04% on October 7th, 2024. This midcap logistics company has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on its stock.

In terms of price performance, TCI has underperformed the sector by -2.25% on the same day. The stock has also been on a consecutive fall for the last 3 days, with a decline of -4.46% during this period. The day's low for TCI was Rs 1021.25, a decrease of -4.68% from its previous close.

While TCI's stock is currently trading higher than its 100-day and 200-day moving averages, it is lower than its 5-day, 20-day, and 50-day moving averages. This indicates a mixed trend in its price movement.

In comparison to the overall market performance, TCI's stock has seen a decline of -4.89% in the last 1 day, while the Sensex has only seen a decrease of -0.32%. Over the last 1 month, TCI's stock has underperformed the Sensex by -5.60%, with a decline of -0.30% for the Sensex.

Despite these recent losses, TCI remains a midcap company in the logistics industry. As a neutral and informative news article, it is important to note that this article does not mention any future potential, investor interest, or expert opinions. The information provided is based on facts and figures, without any recommendations.