Posted On: July 26, 2023
Stock Report : TAINWALCHM (NSE) 25 Jul 2023
Industry: Textile Chemicals
Tainwala Chemicals & Plastics (India) Ltd. is a Small Cap company operating in the Plastics sector. It was incorporated in 1985 and has a market cap of Rs 110.77 Crore. The key Products/Revenue Segments for the company include Traded Goods as of the year ending 31-Mar-2022.In the latest reported quarter, the company’s Standalone Total Income was Rs 9.96 Crore, which reflects a significant increase of 87.65% from the previous quarter’s Total Income of Rs 5.31 Crore, and an impressive growth of 410.00% compared to the Total Income of Rs 1.95 Crore in the same quarter of the previous year.
#xCalData predicts that #TAINWALCHM will continue its bearish phase over the next five days and trend within the range of 115 to 111.
In comparison to the previous month, the price of the stock has experienced a decline of 5.84% indicating a bearish.
The Stock has doubled twice since 15 May 2015 and took an average of 1.0 years to double.
The stock has shown seasonality trend in the past.
Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 4 years in the past.
Majority of the technical ratios trend towards Bearish side of the spectrum. Trendline Indicates Bullish Trend.
Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days.
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