TVS Holdings Stock Sees 3.99% Increase, Given 'Hold' Rating by MarketsMOJO

TVS Holdings, a leading auto ancillary company, saw a 3.99% increase in its stock price on October 31st, 2024. The stock has been given a 'Hold' rating by MarketsMOJO, indicating a neutral stance on its performance.

In terms of price performance, TVS Holdings underperformed the sector by -0.71% on the day. The stock has also been on a downward trend for the past two days, with a fall of -2.16% during this period. It is worth noting that the stock did not trade for two days out of the last 20 days, indicating some erratic trading behavior.

On October 31st, TVS Holdings opened with a gap down of -3.92%, touching an intraday low of Rs 11625. This could be attributed to the overall market sentiment or company-specific factors.

In terms of moving averages, TVS Holdings is currently trading higher than its 200-day moving average, but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. This suggests a mixed trend in the stock's performance.

On a comparative basis, TVS Holdings has outperformed the Sensex by 2.48% in the past day and underperformed by -10.14% in the past month. This indicates that the stock's performance is closely tied to the overall market performance.

Overall, TVS Holdings has shown a moderate performance in the recent past, with some volatility in its trading behavior. Investors are advised to hold their positions and monitor the stock's performance closely.