Cohance Lifesciences Stock Plummets to New 52-Week Low at Rs. 747.75
Cohance Lifesciences has reached a new 52-week low, reflecting ongoing challenges amid a broader market decline. The stock has fallen significantly over the past year, underperforming its sector. Despite strong management efficiency, concerns over pledged promoter shares add pressure in the current market environment.
Cohance Lifesciences has reached a significant milestone today, hitting a new 52-week low of Rs. 747.75. This decline comes amid a broader market context where the Sensex opened lower, reflecting a loss of 103.61 points, or 0.12%. Despite the overall market trends, Cohance Lifesciences has underperformed its sector by 0.52% today, marking a continued downward trajectory.The stock has experienced a notable decline of 43.55% over the past year, contrasting sharply with the Sensex's positive performance of 5.19% during the same period. Additionally, Cohance Lifesciences is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend.
While the company has shown high management efficiency with a return on equity (ROE) of 21.9%, it faces challenges with a significant portion of promoter shares pledged, which can exert additional pressure on stock prices in a declining market. The stock's performance metrics suggest a complex landscape for Cohance Lifesciences as it navigates these market conditions.
{{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
