Timex Group India's Stock Performance Faces Downward Trend, Underperforming Sector
The stock has been on a downward trend, with a significant decline of -13.74% in the past 7 days and a 'Sell' call by MarketsMojo. This underperformance compared to the sector and Sensex may raise concerns for investors.
Timex Group India, a smallcap company in the lifestyle industry, has been facing a downward trend in its stock performance. On October 7th, 2024, the company's stock lost -7.27%, underperforming the sector by -4.86%. This has led to a 'Sell' call by MarketsMOJO.
The stock has been on a consecutive fall for the past 7 days, with a total decline of -13.74% during this period. Today, the stock opened with a loss of -2% and touched an intraday low of Rs 122.05 (-8.09%). Timex Group is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages.
In comparison to the Sensex performance, Timex Group's stock has underperformed by -0.74% in the past day and -0.12% in the past month. This decline in stock performance may be a cause for concern for investors.
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, without mentioning any future potential, investor interest, or expert opinions. As a smallcap company in the lifestyle industry, Timex Group India's stock performance is something to keep an eye on in the coming days.
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