TVS Srichakra Faces Significant Stock Volatility Amidst Industry Challenges

Mar 03 2025 09:36 AM IST
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TVS Srichakra, a small-cap tyre manufacturer, has hit a new 52-week low, reflecting significant volatility and a 4.83% decline over the past five trading days. The stock has dropped 38.51% in the past year, underperforming its sector and trading below key moving averages.
TVS Srichakra, a small-cap player in the Tyres & Allied industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 2677. This decline marks a notable downturn for the stock, which has underperformed its sector by 0.37%. Over the past five trading days, TVS Srichakra has seen a consecutive fall, resulting in a total decline of 4.83%.

The stock's performance over the past year has also been concerning, with a decrease of 38.51%, starkly contrasting with the Sensex's modest decline of just 0.68%. Additionally, TVS Srichakra is currently trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a sustained downward trend.

As the company navigates these challenges, the market will be closely watching for any developments that could impact its performance in the competitive tyre industry.
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