Timex Group India Ltd Faces 5% Decline Amid Selling Pressure, Weekly Loss at 1.54%

Timex Group India Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 5.00% in its one-day performance, contrasting sharply with the Sensex, which gained 0.52% during the same period. Over the past week, Timex Group has seen a decrease of 1.54%, while the Sensex fell by only 0.39%.
In the past month, the stock has dropped 5.08%, while the Sensex has risen by 1.39%. Despite a strong performance over the longer term, including a remarkable 99.69% increase over the past year, the recent trend indicates a reversal after two days of gains. The stock opened with a loss of 2.29% today and reached an intraday low of Rs 385, reflecting a decline of 4.53%.

Timex Group is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a complex market position. The stock's performance today underperformed its sector by 3.68%, highlighting the current selling sentiment.