TV Vision Ltd Plunges to Lower Circuit Amid Heavy Selling Pressure

Stock Performance and Market Context

On 9 Feb 2026, TV Vision Ltd (Stock ID: 511138) closed at ₹6.00, down ₹0.27 or 4.31% from its previous close, triggering the lower circuit price band of ₹5.96 to ₹6.27. This decline was the steepest intraday fall for the stock in recent sessions, reflecting a maximum daily loss of 4.83%. The stock underperformed its sector, which gained 2.6% on the same day, and the broader Sensex, which rose 0.40%.

The stock has been on a downward trajectory for two consecutive days, losing 3.24% cumulatively. It is trading below all key moving averages – 5-day, 20-day, 50-day, 100-day, and 200-day – indicating sustained bearish momentum. This technical weakness is compounded by falling investor participation, with delivery volumes plummeting by 94.77% to just 419 shares on 6 Feb compared to the 5-day average.

Heavy Selling Pressure and Panic Selling

The plunge to the lower circuit was driven by heavy selling pressure, as investors rushed to exit positions amid growing uncertainty. The total traded volume stood at 0.45012 lakh shares, with a turnover of ₹0.027 crore, underscoring limited liquidity but significant supply pressure relative to demand. The unfilled supply on the order book exacerbated the fall, as buyers remained hesitant to step in at lower levels.

Market participants noted a wave of panic selling, likely triggered by negative sentiment surrounding the company’s fundamentals and micro-cap status. TV Vision Ltd’s market capitalisation remains modest at ₹26 crore, categorising it as a micro-cap stock with heightened volatility and risk. The stock’s Mojo Score of 14.0 and a recent downgrade from a ‘Sell’ to a ‘Strong Sell’ rating on 23 Jan 2024 by MarketsMOJO further dampened investor confidence.

Sector and Peer Comparison

While TV Vision Ltd struggled, the broader TV Broadcasting & Software sector advanced by 2.6%, highlighting a divergence between the company’s performance and its peers. This contrast emphasises the stock’s relative weakness and the challenges it faces in regaining investor trust. The sector’s positive momentum was supported by robust earnings reports and favourable industry trends, which TV Vision Ltd has yet to capitalise on.

Liquidity constraints further compound the stock’s woes. Based on 2% of the 5-day average traded value, the stock is liquid enough for a trade size of ₹0 crore, signalling extremely limited market depth. This illiquidity can amplify price swings and deter institutional investors from taking meaningful positions.

Technical and Fundamental Outlook

From a technical perspective, the stock’s position below all major moving averages signals a bearish trend with no immediate signs of reversal. The persistent decline in delivery volumes suggests waning investor interest and a lack of conviction among buyers. The unfilled supply at lower circuit levels indicates that sellers are unwilling to accept prices above the limit, reinforcing downward pressure.

Fundamentally, TV Vision Ltd’s micro-cap status and modest market capitalisation of ₹26 crore place it in a high-risk category. The company’s Mojo Grade was downgraded from ‘Sell’ to ‘Strong Sell’ on 23 Jan 2024, reflecting deteriorating financial metrics and quality scores. This downgrade aligns with the current market sentiment and price action, signalling caution for investors considering exposure to this stock.

Investor Implications and Outlook

Investors should approach TV Vision Ltd with caution given the recent price action and fundamental concerns. The stock’s lower circuit hit and strong sell rating indicate heightened downside risk in the near term. The lack of buyer interest and persistent selling pressure suggest that the stock may continue to face volatility and downward momentum.

For risk-averse investors, it may be prudent to avoid fresh exposure until the stock demonstrates signs of stabilisation and improved fundamentals. Conversely, speculative investors with a high-risk appetite might monitor the stock for potential bargain entry points, though this remains a high-risk proposition given the current market dynamics.

Overall, TV Vision Ltd’s recent performance underscores the challenges faced by micro-cap stocks in maintaining liquidity and investor confidence, especially when broader sector trends are positive. The company’s downgrade to a ‘Strong Sell’ by MarketsMOJO and its weak technical positioning reinforce the need for careful analysis before committing capital.

Summary

TV Vision Ltd’s plunge to the lower circuit on 9 Feb 2026 highlights severe selling pressure driven by panic selling and unfilled supply. The stock’s maximum daily loss of 4.83%, underperformance relative to its sector and the Sensex, and deteriorating technical and fundamental indicators paint a cautious picture for investors. With a micro-cap market cap of ₹26 crore and a Mojo Grade of ‘Strong Sell’, the stock remains vulnerable to further declines amid limited liquidity and waning investor interest.

Market participants should weigh these factors carefully and consider alternative investment opportunities within the Media & Entertainment sector that offer stronger fundamentals and better liquidity profiles.

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