Twamev Constructions Faces Intense Selling Pressure Amid Significant Price Declines

Twamev Constructions & Infrastructure Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 6.27% in its one-day performance. Over the past week, the stock has dropped 5.71%, and its one-month performance reflects a decrease of 6.74%. In stark contrast, the Sensex has shown positive movement, gaining 0.64% today and 2.89% over the past month.
The stock's performance over longer periods also highlights its struggles. In the last three months, Twamev has declined by 19.03%, while the Sensex has risen by 8.49%. Year-to-date, the stock is down 17.55%, compared to the Sensex's gain of 4.56%. Despite a strong performance over the past three and five years, with increases of 168.32% and 2227.81% respectively, the recent trend indicates a significant downturn.

Today's trading saw the stock open at Rs 35.15, marking a gap down of 6.27%, and it has since remained at this price, trading below all key moving averages. The persistent selling pressure may be attributed to broader market trends and specific challenges faced by the construction sector.