Link Pharma Chem Hits 52-Week Low Amidst Ongoing Market Challenges

Jan 16 2025 09:35 AM IST
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Link Pharma Chem has reached a new 52-week low, with its stock price declining significantly. The company has underperformed its sector and experienced a notable decrease over the past year, contrasting sharply with the broader market's positive performance. It is also trading below key moving averages.
Link Pharma Chem, a microcap player in the chemicals industry, has reached a new 52-week low, with its stock price falling to Rs. 37 on January 16, 2025. This decline highlights a significant downturn for the company, which has underperformed its sector by 1.52% today. Over the past two days, Link Pharma Chem has seen a consecutive decline, totaling 8.37%.

Looking at the broader picture, the stock has experienced a disappointing 16.88% decrease over the past year, in stark contrast to the Sensex's positive performance of 5.55% during the same timeframe. Furthermore, Link Pharma Chem is currently trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. These indicators reflect the ongoing challenges the company faces in the current market environment.
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