TVS Motor Company's Stock Declines -3.26% in Line with Sector Underperformance.
TVS Motor Company, a leading player in the Indian automobile industry, saw a -3.26% decline in its stock price on October 24, 2024, in line with the sector's underperformance. The stock has been on a downward trend for the past three days, but showed a slight positive movement today. It remains higher than its 200-day moving average, indicating a mixed trend in the short term.
TVS Motor Company, a leading player in the Indian automobile industry, saw a decline of -3.26% in its stock price on October 24, 2024. This was in line with the overall underperformance of the sector, with the stock falling -2.35% below the sector's performance.
The stock has been on a downward trend for the past three days, with a consecutive fall of -8.87% during this period. However, there was a slight positive movement today as the stock opened with a gain of 2.15%. The intraday high for the stock was Rs 2646.25, a 2.49% increase from the previous day's close. The stock also touched an intraday low of Rs 2490, a -3.56% decrease from the previous day's close.
In terms of moving averages, the stock is currently higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages. This indicates a mixed trend for the stock in the short term.
On a comparative basis, TVS Motor Company's stock performance was -2.70% on the day, while the Sensex's performance was -0.26%. In the past month, the stock has seen a decline of -12.23%, while the Sensex has seen a decline of -5.93%.
Overall, the stock has been on a downward trend in the short term, but its long-term performance remains strong with a higher than 200-day moving average. Investors are advised to hold their positions in the stock, as recommended by MarketsMOJO. This is a neutral and informative update on the stock's recent performance, based on factual data.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
