TGV Sraac Hits 52-Week Low, Receives Strong Sell Rating from MarketsMOJO

TGV Sraac, a microcap company in the chemicals industry, has recently hit a 52-week low on March 13, 2024. The stock has been given a "Strong Sell" rating by MarketsMOJO, indicating a negative outlook for the company.

On March 13, the stock touched a new low of Rs. 85.05, underperforming the sector by -2.45%. This marks the eighth consecutive day of losses for TGV Sraac, with a decline of -11.89% in this period. The stock also saw an intraday high of Rs. 94 (3.79%) and an intraday low of Rs. 85.05 (-6.09%).

TGV Sraac is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price. The chemicals sector as a whole has also seen a decline of -2.76%.

In the past year, TGV Sraac has seen a negative performance of -21.26%, while the Sensex has seen a positive performance of 25.43%. This further highlights the underperformance of the company in comparison to the overall market.

Investors should take note of the current state of TGV Sraac and consider all factors before making any investment decisions. This news article is for informational purposes only and does not offer any recommendations. It is important to conduct thorough research and analysis before making any investment decisions.