Longview Tea Company Faces Significant Volatility Amidst Sustained Downward Trend

Feb 17 2025 09:45 AM IST
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Longview Tea Company has faced significant volatility, reaching a new 52-week low of Rs. 26.01. The stock has declined 27.43% over the past five days and 22.38% over the past year, underperforming its sector and trading below key moving averages, indicating a sustained downward trend.
Longview Tea Company, a microcap player in the trading industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 26.01. This decline marks a notable underperformance, with the stock trailing its sector by 9.74%. Over the past five days, Longview Tea has seen a consecutive drop, accumulating a total decline of 27.43%.

Today's trading session opened with a gap down of 3.28%, and the stock hit an intraday low of Rs. 26.01, reflecting a decrease of 10.16% at its lowest point. The company's performance over the past year has also been challenging, with a decline of 22.38%, contrasting sharply with the Sensex, which has gained 4.12% during the same period.

Additionally, Longview Tea is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. Investors and market observers will be closely monitoring any developments that may impact the company's performance in the coming days.
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