TVS Motor Company Faces Sustained Downward Momentum Amid Broader Market Challenges

TVS Motor Company, a key player in the automobile sector focusing on two and three-wheelers, has seen a notable decline of 3.09% on January 13, 2025. This drop is part of a broader downward trend, with the stock underperforming its sector by 1.99% and experiencing a total decline of 11.54% over the past week.
On this day, the stock hit an intraday low of Rs 2212.25, reflecting a decrease of 3.08%. The company's performance is further illustrated by its position relative to moving averages, as it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating sustained downward momentum.

In the context of the broader market, TVS Motor Company's one-day performance of -2.82% contrasts with the Sensex, which experienced a modest decline of 0.53%. Over the past month, the stock has fallen by 12.03%, while the Sensex recorded a decrease of 6.29%. These metrics highlight the challenges facing TVS Motor Company in the current market environment.