Timex Group India Ltd sees 7.27% increase in stock price on June 5th, 2024

Jun 05 2024 02:45 PM IST
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On June 5th, 2024, Timex Group India Ltd, a smallcap company in the lifestyle industry, saw a 7.27% increase in its stock price, in line with the sector's performance. However, the stock is currently trading lower than its moving averages and has a 'Strong Sell' recommendation from MarketsMojo based on its recent -5.40% decrease.

Timex Group India Ltd, a smallcap company in the lifestyle industry, saw a 7.27% increase in its stock price on June 5th, 2024. This rise in stock price was in line with the overall performance of the sector, with Timex Group underperforming by only -0.3%.

The stock opened with a gain of 2.12% and reached an intraday high of Rs 130.5, showing a 6.62% increase. However, Timex Group is currently trading lower than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.

According to MarketsMOJO, a leading stock analysis platform, the stock call for Timex Group India is 'Strong Sell'. This recommendation is based on the company's performance in the past month, where it has seen a -5.40% decrease compared to the Sensex's 0.67% increase.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative tone for readers interested in the stock performance of Timex Group India Ltd.
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