TCM Ltd's Stock Performance Receives 'Sell' Call from Leading Stock Analysis Platform

Jan 08 2024 10:31 AM IST
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TCM Ltd, a microcap company in the pesticides and agrochem industry, has been in the news due to its recent stock performance. According to MarketsMojo, the stock has been given a 'Sell' call and opened with a loss of -3.66% today. However, it is still trading higher than its moving averages and has underperformed the overall market in the past month.

TCM Ltd, a microcap company in the pesticides and agrochem industry, has been in the news recently due to its stock performance. According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Sell' call. Today, the stock opened with a loss of -3.66%, underperforming the sector by -2.64%.

This trend reversal comes after 7 days of consecutive gains for the stock. TCM Ltd also opened with a gap down of -3.66% today and touched an intraday low of Rs 48.65. However, it is worth noting that the stock is still trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the overall market performance, TCM Ltd has not fared well. Its 1 day performance is -3.52% while the Sensex has shown a minimal growth of 0.01%. Similarly, in the past month, TCM Ltd's performance has been 7.43% while the Sensex has shown a growth of 3.16%.

It is important to note that this article is based on factual information and does not include any external data or sources. As a microcap company in the pesticides and agrochem industry, TCM Ltd's stock performance is closely watched by investors and analysts. However, it is advised to do your own research and consult with a financial advisor before making any investment decisions.
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