Tejnaksh Healthcare Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Mar 12 2024 12:05 PM IST
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Tejnaksh Healthcare, a microcap company in the healthcare services industry, has hit a 52-week low on March 12, 2024. According to MarketsMojo, the stock has been given a 'Strong Sell' rating and has underperformed the sector by -8.2%. The stock has shown high volatility and is currently trading below its moving averages, indicating a bearish trend. In the past year, it has declined by -41.71%, further supporting the 'Strong Sell' rating. Investors and experts are advised to closely monitor the stock's performance and make informed decisions based on their own research and risk appetite.


Tejnaksh Healthcare, a microcap company in the healthcare services industry, has recently hit a 52-week low on March 12, 2024. According to MarketsMOJO, a leading stock analysis platform, the stock has been given a 'Strong Sell' rating.

The stock's performance today has been underwhelming, as it has underperformed the sector by -8.2%. This is the fourth consecutive day that the stock has been on a downward trend, with a total decline of -14.28% during this period. In today's trading, the stock touched an intraday low of Rs. 23.25, which is a significant -12.26% decrease from its previous closing price.

Tejnaksh Healthcare has also shown high volatility in today's trading, with an intraday volatility of 7.26% calculated from the weighted average price. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In the past year, Tejnaksh Healthcare's performance has been disappointing, with a decline of -41.71% compared to the Sensex's positive performance of 24.47%. This further supports the 'Strong Sell' rating given by MarketsMOJO.

Investors and experts are advised to closely monitor the performance of Tejnaksh Healthcare and make informed decisions based on their own research and risk appetite. This news article is for informational purposes only and does not constitute any recommendation or endorsement.
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