Chennai Petroleum Corporation Hits 52-Week Low Amid Broader Sector Decline
Chennai Petroleum Corporation has reached a new 52-week low, continuing a downward trend with a significant decline over the past four days. The stock's performance today included intraday fluctuations, and it is currently trading below multiple moving averages. The company offers a high dividend yield despite its recent struggles.
Chennai Petroleum Corporation, a midcap player in the oil exploration and refining industry, has experienced significant activity today, reaching a new 52-week low of Rs. 440.6. This decline marks a continuation of a downward trend, with the stock losing 12.56% over the past four days. Today's performance was in line with the sector, which has also seen a decrease of 2.13%.Intraday trading saw the stock hit a high of Rs. 461.45, reflecting a modest gain of 2.12%, before settling at its low of Rs. 440.6, down 2.49% for the day. Notably, Chennai Petroleum Corporation is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its price action.
Despite the recent struggles, the company offers a high dividend yield of 12.17% at the current price. Over the past year, Chennai Petroleum Corporation has faced a substantial decline of 51.20%, contrasting sharply with the Sensex, which has only dipped by 1.28% during the same period.
{{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
