Timken India's Stock Price Declines by -3.2% on October 28, Rated as 'Sell' by MarketsMOJO.

Timken India, a leading manufacturer of bearings in India, has seen a decline in its stock price on October 28, 2024. The stock has lost -3.2% and is currently trading at Rs. 3300. This decline has been reflected in the stock call given by MarketsMOJO, which has rated it as a 'Sell'.

The stock has underperformed the sector by -2.13% and has been on a downward trend for the past 8 days, with a fall of -14.74% in this period. However, there was a slight positive movement today as the stock opened with a gain of 5.54%. The intraday high was Rs. 3573, while the intraday low was Rs. 3265.35, showing a high volatility of 8.39%.

Timken India is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bearish trend. In comparison to the Sensex, the stock has performed poorly in the last 1 day and 1 month, with a decline of -3.54% and -13.71% respectively, while the Sensex has shown a slight positive movement of 0.19% and a decline of -7.04% in the same periods.

Investors should keep a close eye on the performance of Timken India in the coming days, as the stock continues to face downward pressure. However, it is important to note that this article is based on factual information and does not offer any recommendations or opinions.