Times Guaranty Ltd Experiences Significant Trend Reversal Amid Market Resilience

Aug 01 2025 03:00 PM IST
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Times Guaranty Ltd, a microcap in the NBFC sector, reached its upper circuit limit today, reversing a two-day decline. The stock traded within a wide range and demonstrated strong upward momentum, outperforming its sector. Despite a drop in delivery volume, it remains liquid for trading.
Times Guaranty Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 263.65, reflecting a notable increase of 5% from its previous close. This surge comes after a two-day period of consecutive declines, marking a significant trend reversal for the company.

The stock opened with a gain of 3.49% and traded within a wide range of Rs 24.65, with a low of Rs 239. The total traded volume for the day was approximately 0.19097 lakh shares, resulting in a turnover of Rs 0.4938 crore. Notably, Times Guaranty has outperformed its sector by 6.02%, showcasing its resilience in a challenging market environment.

In terms of moving averages, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward momentum. Despite a decline in delivery volume, the stock remains liquid enough for trading, with a delivery volume of 23.13k shares on July 31, down by 71.18% against the 5-day average.

Overall, Times Guaranty Ltd's performance today highlights a positive shift in market sentiment, as the stock capitalizes on its recent gains.
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