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, 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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