Transport Corporation of India Shows Signs of Recovery Amid Mixed Market Signals

Transport Corporation of India has shown notable activity today, gaining 5.3% on March 18, 2025. The stock outperformed its sector by 3.47%, marking a trend reversal after two consecutive days of decline. It reached an intraday high of Rs 1001.85, reflecting a 6.02% increase during the trading session.
In terms of moving averages, the stock is currently above its 5-day and 20-day moving averages but remains below the 50-day, 100-day, and 200-day moving averages, indicating mixed signals in its short to medium-term performance.

Looking at broader market trends, the Sensex has continued its upward trajectory, climbing 316.67 points to reach 74,925.33, a rise of 1.02%. However, it is trading below its 50-day moving average, which is also below the 200-day moving average, suggesting a bearish outlook in the larger market context.

Over the past year, Transport Corporation of India has delivered a robust performance with a 25.34% increase, significantly outperforming the Sensex's 2.89% gain. However, year-to-date, the stock has seen a decline of 14.92%, compared to the Sensex's drop of 4.21%.