Thirumalai Chemicals Faces Continued Stock Volatility Amid Broader Market Trends

Thirumalai Chemicals, a small-cap player in the chemicals industry, has experienced significant volatility in its stock performance. On January 28, 2025, the stock declined by 8.27%, marking a continued downward trend as it has now fallen for six consecutive days, resulting in a total decline of 18.14% during this period.
Today, the stock opened with a gap down of 2.41% and reached an intraday high of Rs 282.35, reflecting a modest recovery of 3.1% at its peak. However, it also hit an intraday low of Rs 254.55, representing a drop of 7.05%.

In terms of performance metrics, Thirumalai Chemicals has underperformed its sector by 6.16% today. Over the past month, the stock has seen a decline of 22.08%, contrasting sharply with the Sensex, which has only decreased by 3.69%. Additionally, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its recent performance.