Twamev Construction & Infrastructure Ltd Faces Significant Selling Pressure with 4.97% Daily Loss

Twamev Construction & Infrastructure Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a consecutive decline over the past four days, resulting in a total loss of 9.93% during this period. Today alone, Twamev's stock fell by 4.97%, underperforming the Sensex, which gained 0.28%.
In terms of weekly and monthly performance, Twamev has seen losses of 6.52% and 7.09%, respectively, while the Sensex has posted gains of 1.52% and 1.01% in the same timeframes. Year-to-date, the stock has declined by 28.69%, contrasting sharply with the Sensex's increase of 8.53%.

The stock opened with a gap down of 4.35% today and reached an intraday low of Rs 30.4. While it remains above the 50-day and 100-day moving averages, it is currently below the 5-day, 20-day, and 200-day moving averages. The ongoing selling pressure may be attributed to broader market trends and investor sentiment, reflecting the challenges faced by the microcap construction sector.