Tinna Rubber & Infrastructure Faces Significant Stock Decline Amid Broader Market Stability
Tinna Rubber & Infrastructure experienced significant challenges in trading on January 22, 2025, with its stock underperforming compared to the broader market and its sector. The stock has shown a bearish trend, trading below key moving averages and declining notably over the past month.
Tinna Rubber & Infrastructure has faced notable challenges in today's trading session, with its stock price declining by 7.44% on January 22, 2025. This decline is significantly more pronounced than the broader market, as the Sensex experienced only a minor decrease of 0.02%. The company's performance is also lagging behind its sector, underperforming by 2.54%. During the day, Tinna Rubber reached an intraday low of Rs 1270, marking a drop of 4.41%.
From a technical perspective, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past month, Tinna Rubber's stock has declined by 14.53%, contrasting sharply with the Sensex's modest fall of 2.84%. This data underscores the ongoing difficulties faced by Tinna Rubber & Infrastructure in the current market environment.
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