TVS Srichakra's Stock Hits 52-Week Low, Underperforms Market Amidst Negative Trend

TVS Srichakra, a leading player in the tyre and allied industry, has recently seen a dip in its stock price. On November 14, 2024, the company's stock touched a 52-week low of Rs 3525. This has led to a 'Strong Sell' call by MarketsMOJO.

The stock is currently trading at a price that is 0.7% away from its 52-week low. It has also underperformed the sector by -2.99% today. In the last 6 days, the stock has been on a downward trend, with a fall of -9.47% in returns. However, there was a slight positive movement today as the stock opened with a gain of 8.26%.

The intraday high for the stock was Rs 3888, which is an increase of 8.26%. The stock has also shown high volatility today, with an intraday volatility of 7.35%. This is calculated from the weighted average price.

In terms of moving averages, TVS Srichakra is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a downward trend in the stock's performance.

In the past year, TVS Srichakra's stock has seen a decline of -24.71%, while the Sensex has shown a positive performance of 19.33%. This shows a significant difference in the performance of the company's stock compared to the overall market.

Overall, TVS Srichakra's stock has been on a downward trend and has been underperforming in the market. Investors should keep a close eye on the company's performance and any updates from the company to make informed decisions about their investments.