Twamev Constructions Faces Intense Selling Pressure Amid Significant Stock Price Declines

Twamev Constructions & Infrastructure Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with a 5.00% drop in its stock price, underperforming the Sensex, which gained 0.37% on the same day. This marks the third consecutive day of losses for Twamev, accumulating a total decline of 15.39% over this period.
In the past week, the stock has fallen by 15.39%, while the Sensex has decreased by only 1.31%. Over the past month, Twamev's performance has been similarly poor, with a 15.72% decline compared to a 1.41% increase in the Sensex. Year-to-date, the stock is down 25.57%, contrasting sharply with the Sensex's 3.98% gain.

The stock opened with a gap down of 5% today, reaching an intraday low of Rs 31.73. It has consistently traded at this price level, indicating a lack of buying interest. Additionally, Twamev is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting the prevailing bearish trend. The combination of these factors suggests a challenging environment for Twamev Constructions & Infrastructure Ltd in the current market landscape.