Aayush Wellness Ltd Surges 4.98% Today After Hitting New 52-Week Low of Rs. 32.81

Aayush Wellness Ltd is currently witnessing significant buying activity, marking a notable performance in the FMCG sector. Today, the stock surged by 4.98%, contrasting sharply with the Sensex, which only gained 0.27%. This uptick comes after a challenging period, as Aayush Wellness had experienced four consecutive days of decline prior to today’s rebound.
Despite today's gains, the stock has faced considerable downward pressure over the past month, with a decline of 45.71%. Over the last year, it has dropped by 53.48%, while the Sensex has risen by 4.97% in the same timeframe. The stock opened with a gap down of 4.4% today, hitting a new 52-week low of Rs. 32.81 before recovering to an intraday high of Rs. 36.03.

The strong buying pressure could be attributed to a potential trend reversal after the recent declines, as the stock outperformed its sector by 4.15% today. However, it remains below key moving averages, indicating ongoing challenges in regaining upward momentum.