Triveni Turbine Faces Stock Volatility Amid Broader Market Stability Concerns

Jan 22 2025 01:50 PM IST
share
Share Via
Triveni Turbine has encountered significant challenges in its stock performance, with a recent decline contributing to a notable two-day drop. The company's shares have underperformed compared to its sector and are trading below key moving averages, indicating a difficult market environment as investors watch for recovery strategies.
Triveni Turbine, a key player in the engineering sector, has faced notable challenges in its stock performance recently. On January 22, 2025, the company's shares declined by 3.23%, contributing to a two-day total drop of 7.76%. The stock hit an intraday low of Rs 662.9, reflecting a significant decrease during the trading session.

In terms of market dynamics, Triveni Turbine has underperformed relative to its sector by 1.49%. Over the past month, the stock has experienced a substantial decline of 11.87%, contrasting sharply with the broader Sensex index, which has only seen a dip of 2.81%. Furthermore, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market environment for the company.

As investors monitor these developments, the focus will be on how Triveni Turbine addresses its current volatility and potential recovery strategies.
{{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