Sanjivani Paranteral Hits New 52-Week Low at Rs. 170

Sanjivani Paranteral, a microcap player in the Pharmaceuticals & Biotechnology sector, has reached a new 52-week low of Rs. 170 today, marking a significant downturn for the stock. This decline comes as the stock has underperformed its sector by 8.63% and has experienced a consecutive fall over the past two days, resulting in a total drop of 8.91% during this period. Today, Sanjivani Paranteral opened with a loss of 2.81% and hit an intraday low of Rs. 170, reflecting a steep decline of 15.53%. The stock has shown high volatility, with an intraday fluctuation of 7%. Additionally, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, Sanjivani Paranteral has seen a significant decline of 39.04%, contrasting sharply with the Sensex's positive performance of 9.19%. Despite the challenges reflected in its stock price, the company has demonstrated strong management efficiency with a high return on equity of 21.72% and healthy long-term growth in net sales and operating profit.