Twamev Constructions & Infrastructure Ltd Sees Notable Recovery Amid Strong Buying Activity

Twamev Constructions & Infrastructure Ltd is currently witnessing significant buying activity, marking a notable trend reversal after four consecutive days of decline. Today, the stock has increased by 1.97%, outperforming the Sensex, which has only gained 0.19%. This uptick comes after a challenging week where the stock fell by 5.90%, while the Sensex declined by 1.49%.
Over the past month, Twamev has shown a robust performance with a 19.46% increase, contrasting sharply with the Sensex's drop of 2.53%. However, the stock's longer-term performance reveals a mixed picture, with a 32.55% decline over the past year compared to a slight gain of 0.05% for the Sensex.

The price summary indicates that Twamev opened with a gap up today, and its intraday performance reflects a recovery trend. The stock is currently trading above its 20-day, 50-day, and 100-day moving averages, although it remains below the 5-day and 200-day averages. The capital goods sector, in which Twamev operates, has also seen a positive movement, gaining 2.66%, potentially contributing to the buying pressure observed in Twamev's stock.