Tatva Chintan Pharma Chem's Stock Plummets, Receives 'Strong Sell' Rating from MarketsMOJO

Oct 28 2024 09:31 AM IST
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Tatva Chintan Pharma Chem, a smallcap chemical company, has been experiencing a downward trend in its stock performance. On October 28, 2024, the stock lost -10.52% and hit a new 52-week and all-time low. It has also underperformed the sector and is currently trading below its moving averages. In comparison to the Sensex, the stock has shown a significant decline in the past month. Investors and experts are advised to closely monitor the company's financials and market trends before making any decisions.
Tatva Chintan Pharma Chem's Stock Plummets, Receives 'Strong Sell' Rating from MarketsMOJO
Tatva Chintan Pharma Chem, a smallcap company in the chemical industry, has been facing a downward trend in its stock performance. On October 28, 2024, the company's stock lost -10.52%, resulting in a 'Strong Sell' call by MarketsMOJO. The stock opened with a loss of -5.43% and hit a new 52-week and all-time low of Rs. 818.3. It also underperformed the sector by -9.5% and has been on a consecutive fall for the last 2 days, with a -12.57% decline in returns during this period. The stock also touched an intraday low of Rs. 818.3, marking a -10.53% decrease. Tatva Chintan is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a negative trend in its stock performance. In comparison to the Sensex, Tatva Chintan's 1-day performance is -10.51%, while the Sensex has shown a positive performance of 0.36%. Similarly, in the past month, Tatva Chintan's stock has declined by -19.96%, while the Sensex has shown a decline of -6.88%. Investors and experts are advised to closely monitor the performance of Tatva Chintan Pharma Chem and make informed decisions based on the company's financials and market trends.
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