Timex Group India Faces Selling Pressure Amid Notable Stock Price Decline
Timex Group India Ltd is experiencing significant selling pressure, marking a reversal after seven days of gains. Despite recent outperformance against the Sensex, today's trading reflects volatility, with the stock remaining above key moving averages. The selling may be linked to profit-taking and broader market dynamics.
Timex Group India Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline of 4.99% in its stock price, contrasting sharply with the Sensex, which has only dipped by 0.55%. This marks a trend reversal for Timex, as it has fallen after seven consecutive days of gains.Over the past week, Timex Group India has outperformed the Sensex with a gain of 11.13%, but the recent selling activity has overshadowed this positive momentum. In the last month, the stock has still managed to rise by 13.00, significantly outperforming the Sensex's decline of 4.01%. However, the current day's performance indicates a shift in market sentiment.
The stock reached an intraday high of Rs 284.5 but fell to a low of Rs 259.05, reflecting the volatility in trading. Despite today's losses, Timex Group India remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally strong position over the longer term. The selling pressure may be attributed to profit-taking after a strong rally, as well as broader market dynamics affecting investor sentiment.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
