Techno Electric Faces Continued Stock Decline Amid Broader Market Stability

Jan 27 2025 10:00 AM IST
share
Share Via
Techno Electric & Engineering Company has faced notable stock volatility, experiencing a decline for five consecutive days, totaling a 19.19% drop. The stock is trading below its moving averages and has seen a 33.14% decrease over the past month, significantly underperforming the broader market.
Techno Electric & Engineering Company, a midcap player in the capital goods sector, has experienced significant volatility in its stock performance today. The stock has declined by 5.53%, underperforming its sector by 2.56%. This marks the fifth consecutive day of losses, with a cumulative drop of 19.19% over this period.

Opening the day with a gap down of 2.06%, Techno Electric reached an intraday low of Rs 1044.4, reflecting a decrease of 6.01%. The stock is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.

In terms of broader market performance, Techno Electric's one-month decline stands at 33.14%, contrasting sharply with the Sensex, which has only dipped by 3.66% during the same timeframe. These metrics highlight the challenges faced by Techno Electric & Engineering Company in the current market environment.
{{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