Time Technoplast Ltd. Sees Positive Stock Performance, Outperforms Sector by 5.41%

Time Technoplast ., a midcap company in the plastic products industry, has seen a positive trend in its stock performance on November 14, 2024. The stock gained 5.38%, outperforming the sector by 5.41%. This comes after 5 consecutive days of falling stock prices, indicating a potential trend reversal.

The stock also touched an intraday high of Rs 393, showing a 6.07% increase. However, it is currently trading lower than its 5 day, 20 day, and 50 day moving averages, but higher than its 100 day and 200 day moving averages.

In comparison to the Sensex, Time Technoplast Ltd. has outperformed with a 1 day performance of 5.30% while the Sensex only saw a 0.20% increase. However, over the past month, the stock has seen a decline of -6.57% while the Sensex has also seen a decline of -5.04%.

MarketsMOJO has given a 'Hold' call for Time Technoplast Ltd. This neutral recommendation is based on the stock's current performance and not influenced by any future potential or expert opinions. As a midcap company in the plastic products industry, Time Technoplast Ltd. continues to show promising growth and investors may want to keep an eye on its performance in the coming days.