Den Networks Hits New 52-Week Low Amid Ongoing Market Challenges

Dec 24 2024 03:35 PM IST
share
Share Via
Den Networks has recently undergone a revision in its score, reflecting ongoing challenges in the competitive DTH and cable market. The stock has reached a new 52-week low and has underperformed its sector significantly. Additionally, Den Networks has been added to MarketsMojo's list, indicating a shift in evaluation amidst its recent struggles.
Den Networks, a small-cap player in the DTH and cable industry, has recently reached a new 52-week low, with shares trading at Rs. 41.31 as of December 24, 2024. This decline marks a significant downturn for the company, which has experienced a consecutive five-day losing streak, resulting in a total drop of 7.39% during this period.

In terms of performance metrics, Den Networks has underperformed its sector by 0.28% today. Over the past year, the company's stock has seen a decline of 24.56%, contrasting sharply with the Sensex, which has gained 10.36% in the same timeframe.

Additionally, Den Networks is currently trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This trend indicates a challenging market position for the company as it navigates through a difficult financial landscape.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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