TGV Sraac Faces Consecutive Losses Amid Broader Market Challenges in Chemicals Sector

TGV Sraac, a small-cap player in the chemicals industry, has faced significant challenges in its stock performance recently. On January 13, 2025, the stock experienced a decline of 7.14%, notably underperforming the sector, which decreased by 3.7%. This marks a troubling trend, as TGV Sraac has recorded consecutive losses over the past four days, totaling a drop of 12.23%. The stock reached an intraday low of Rs 95.7, reflecting an 8.33% decrease at one point during the trading session.
From a technical perspective, TGV Sraac is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. Over the past month, the stock has declined by 14.39%, while the broader Sensex index has only fallen by 7.01%. Despite these difficulties, TGV Sraac is categorized as part of the "Hidden Turnaround" segment on MarketsMOJO since October 29, 2024, highlighting its potential for recovery amidst current market pressures.