Covidh Technologies Achieves 52-Week High Amid Broader Market Decline

Aug 08 2025 03:35 PM IST
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Covidh Technologies has reached a new 52-week high of Rs. 3.43, standing out amid a broader market downturn. The stock has gained for 20 consecutive days, achieving a 109.15% return during this period, and is trading above key moving averages, reflecting strong performance metrics.
Covidh Technologies has made headlines today as its stock price reached a new 52-week high of Rs. 3.43, marking a significant milestone for the microcap company. This surge comes amid a broader market downturn, with the Sensex experiencing a sharp decline of 620.22 points, or 0.95%, following a negative opening. Despite the market's challenges, Covidh Technologies has outperformed its sector by 2.29% today, showcasing its resilience.

The stock has demonstrated impressive momentum, gaining for the last 20 consecutive days and delivering a remarkable 109.15% return during this period. Additionally, Covidh Technologies is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its performance metrics.

In terms of annual performance, Covidh Technologies has remained flat at 0.00% over the past year, contrasting with the Sensex's modest gain of 1.23%. The stock's 52-week low stands at Rs. 1.5, highlighting the significant recovery it has achieved in recent weeks.
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