Timken India's share jumped 11.25% today, 2 May 2025, closing at INR 2,728.40 after a period of recent decline. So, the stock saw significant buying interest and high volatility, reversing a two-day losing streak. Intraday, this share traded above the 5-day, 20-day, and 50-day moving averages, signaling positive short-term momentum despite its longer-term 100-day and 200-day averages.
Fact behind the jump
The broker market was positive, with the Sensex which is ending 260 points higher, which may have contributed to improved sentiment for Timken India.
The sharp rise followed a period of underperformance, which is with the stock down 16.51% year-to-date and 18.73% which is over the past year, but it is up 40.86% over three years and 189.48% over five years.
The surge comes amid high trading volatility and volumes. And this suggests renewed investor interest. This is possibly due to technical factors or bargain buying after the recent decline.
Also, check - GRSE Share Jumps 8.21% After New Lease Agreement
Conclusion
In summary, Timken India shares jumped 11.25% on 25 May 2025, and have a strong performance, as the analysts note that this share is a long-term return that remains mixed, and continues to face volatility in the near term.
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