Titagarh Rail Systems Stock Declines by -5.28% in Line with Railway Sector Performance

Nov 13 2024 03:00 PM IST
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Titagarh Rail Systems, a midcap company in the railway industry, saw a -5.28% decline in its stock price on November 13, 2024, in line with the overall performance of the railway sector. According to MarketsMojo, the stock is currently rated as 'Sell' and has been on a consecutive fall for the last two days. It is currently trading below its moving averages and has underperformed the market in the past month. Investors and experts are advised to closely monitor its performance.

Titagarh Rail Systems, a midcap company in the railway industry, has seen a decline in its stock price by -5.28% on November 13, 2024. This decline has been in line with the overall performance of the railway sector, which has fallen by -4.8%.

According to MarketsMOJO, a leading stock analysis platform, the stock of Titagarh Rail Systems is currently rated as 'Sell'. The stock has been on a consecutive fall for the last two days and has recorded a -7.63% decrease in returns during this period.

On November 13, the stock touched an intraday low of Rs 1088, which is a -5.27% decrease from its previous closing price. Titagarh Rail Systems is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a downward trend in its stock price.

In comparison to the overall market performance, Titagarh Rail Systems has underperformed with a -5.28% decrease, while the Sensex has recorded a -1.24% decrease on the same day. Over the past month, the stock has recorded a -0.46% decrease, while the Sensex has seen a -4.52% decrease.

Investors and experts are advised to closely monitor the performance of Titagarh Rail Systems in the coming days to make informed decisions about their investments.
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