Timex Group India's Stock Sees Significant Increase, But MarketsMOJO Calls for 'Sell'

Timex Group India, a smallcap company in the lifestyle industry, has seen a significant increase in its stock price on November 7, 2024. The stock has gained 7.29%, closing at Rs 187.5. However, according to MarketsMOJO, the stock call for Timex Group India is 'Sell'.

Despite the recent increase, the stock is still 1.69% away from its 52-week high of Rs 190. Today, the stock outperformed the sector by 5.86% and showed a trend reversal after two consecutive days of falling. It also opened with a gain of 2.07%.

Intraday, Timex Group India touched a high of Rs 187.5, showing a 6.44% increase. The stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Compared to the performance of the Sensex, Timex Group India has shown a positive 1-day performance of 7.72%, while the Sensex has seen a negative performance of -1.01%. In the past month, Timex Group India has outperformed the Sensex by 52.41%, with a performance of -1.83% for the Sensex.

Overall, Timex Group India has shown a strong performance in the past day and month, but investors should consider the 'Sell' call by MarketsMOJO before making any investment decisions.