Anupam Rasayan Hits 52-Week Low Amid Broader Sector Decline and Market Pressures
Anupam Rasayan India Ltd has hit a new 52-week low, following a two-day decline of 6.64%. Despite this, the stock outperformed its sector on the day of the low. Over the past year, it has decreased by 30.52%, contrasting with the Sensex's positive performance.
Anupam Rasayan India Ltd has recently reached a new 52-week low of Rs. 670.45, marking a significant downturn for the company. This decline follows a consecutive drop over the past two days, totaling 6.64%. Despite this, the stock managed to outperform its sector by 0.34% on the day of the new low, while the overall sector experienced a decline of 3.86%. Currently, Anupam Rasayan is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating ongoing pressure on its performance. Over the past year, the stock has declined by 30.52%, contrasting sharply with the Sensex's gain of 5.25% during the same period. The current market sentiment reflects the challenges faced by the company in this environment.
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