TVS Srichakra Experiences Revision in Stock Evaluation Amid Ongoing Downward Trend in Q1 FY2025

TVS Srichakra, a notable player in the tyres and allied industry, has recently undergone an adjustment in its evaluation, reflecting the ongoing challenges the company faces in the current market landscape. The stock has reached a new 52-week low, with its price recorded at Rs. 3440.35 on January 8, 2025. This decline is part of a broader downward trend, as the stock has seen a consecutive fall over the past three days, resulting in a notable decrease during this period.
The stock's trading activity has been characterized by limited volatility, with fluctuations confined to a narrow range of Rs. 16.25. Over the past year, TVS Srichakra's performance has been less than stellar, with a significant decline that starkly contrasts with the overall market, as represented by the Sensex, which has posted gains during the same timeframe.

Currently, TVS Srichakra's stock is positioned below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a prevailing bearish trend. In light of these developments, the stock has been added to MarketsMOJO's list, underscoring the need for investors to exercise caution as they navigate the complexities of the market. The recent revision in its score serves as a reminder of the challenges that lie ahead for TVS Srichakra in a competitive industry landscape.