TVS Holdings Stock Sees Decline Despite Higher Moving Averages

TVS Holdings, a leading auto ancillary company in the largecap industry, has seen a decline in its stock price by -3.59% on September 27, 2024. According to MarketsMOJO, the stock has been given a 'Hold' call.

In terms of performance, TVS Holdings has underperformed the sector by -3.17% on the same day. The stock has also been on a downward trend for the past 3 days, with a fall of -4.27% during this period. On September 27, the stock touched an intraday low of Rs 13964, showing a decline of -2.74%.

Despite these recent dips, TVS Holdings' moving averages are still higher than the 50 day, 100 day, and 200 day moving averages. However, it is currently lower than the 5 day and 20 day moving averages.

In comparison to the overall market performance, TVS Holdings has seen a -3.59% decline, while the Sensex has only seen a -0.25% decline on the same day. Over the past month, TVS Holdings has also underperformed the Sensex with a -5.19% decline, while the Sensex has seen a 4.78% increase.

Overall, TVS Holdings' stock has seen a decline in its performance recently, but it still maintains a strong position in the market with its higher moving averages. Investors may want to keep an eye on the stock's performance in the coming days.