Twamev Constructions Faces Intense Selling Pressure Amid Significant Stock Decline

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 its stock price down 4.99% in a single day, marking a new 52-week low of Rs. 27.22. This decline is part of a troubling trend, as the stock has now recorded six consecutive days of losses, totaling a staggering 27.41% drop during this period.
In comparison to the broader market, Twamev's performance has been markedly poor. Over the past week, the stock has plummeted 22.56%, while the Sensex has only dipped by 0.32%. Over the past month, Twamev's decline of 27.99% starkly contrasts with the Sensex's gain of 1.39%. Year-to-date, the stock has fallen 36.15%, while the Sensex has risen by 4.09%.

Several factors may be contributing to this selling pressure, including broader market trends and potential company-specific challenges. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained bearish trend.