Triveni Engineering Faces Continued Decline Amid Broader Sugar Sector Challenges

Jan 13 2025 01:00 PM IST
share
Share Via
Triveni Engineering and Industries, a midcap sugar company, experienced a decline of 5.29% on January 13, 2025, marking its second consecutive day of losses. The stock is trading below key moving averages, reflecting a bearish trend, while the broader sugar sector also faces challenges.
Triveni Engineering and Industries, a midcap player in the sugar industry, has seen a notable decline of 5.29% on January 13, 2025, marking its second consecutive day of losses with a total drop of 10.14% over this period. The stock opened the day with a gap down of 4.22% and reached an intraday low of Rs 381.3, reflecting a decrease of 6.83%.

Currently, Triveni is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The broader sugar sector is also facing challenges, with an overall decline of 3.61%. Over the past month, Triveni's performance has been particularly weak, showing a decrease of 15.69%, in contrast to a 6.67% drop in the Sensex. This underperformance highlights the stock's struggles within a challenging market environment.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
PVV Infra Ltd is Rated Hold by MarketsMOJO
20 minutes ago
share
Share Via
Minaxi Textiles Ltd is Rated Sell
20 minutes ago
share
Share Via
Incap Ltd is Rated Strong Sell
20 minutes ago
share
Share Via
Manugraph India Ltd is Rated Strong Sell
20 minutes ago
share
Share Via
Morarka Finance Ltd is Rated Strong Sell
20 minutes ago
share
Share Via