Tuticorin Alkali Chemicals & Fertilizers Stock Faces Continued Decline, Underperforms Sector

Tuticorin Alkali Chemicals & Fertilizers, a smallcap company in the chemicals industry, has been facing a downward trend in its stock performance. On March 13, 2024, the company's stock lost -10.16% of its value, according to MarketsMOJO. The stock has been given a 'Sell' call by MarketsMOJO.

In terms of price performance, Tuticorin Alkali Chemicals & Fertilizers has underperformed the sector by -8.3% today. The stock has been on a consecutive downward trend for the past 7 days, with a total decline of -18.59% during this period. However, the stock did open with a gain of 3.35% today, but it also touched an intraday low of Rs 73, which is a significant -15.89% drop from its opening price. The stock has also shown high volatility today, with an intraday volatility of 10.26%.

Tuticorin Alkali Chemicals & Fertilizers is currently trading below its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a bearish trend. The chemicals sector as a whole has also seen a decline of -2.02%.

In comparison to the overall market performance, Tuticorin Alkali Chemicals & Fertilizers has significantly underperformed. Its 1 day performance is -12.55% compared to the Sensex's -0.75%, and its 1 month performance is -21.39% compared to the Sensex's 2.18%.

Investors should keep a close eye on Tuticorin Alkali Chemicals & Fertilizers and the chemicals sector as a whole, as the stock continues to face downward pressure. This is not a recommendation to buy or sell the stock, but rather a factual update on its current performance.