Thinkink Picturez Hits 52-Week Low Amid Sustained Market Weakness

Jan 16 2025 10:35 AM IST
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Thinkink Picturez, a microcap in the film production sector, has hit a new 52-week low of Rs. 1.36, reflecting a 29.53% decline over the past 21 days. The stock has significantly underperformed its sector and has seen a 92.41% drop over the past year.
Thinkink Picturez, a microcap player in the film production and entertainment sector, has reached a new 52-week low of Rs. 1.36 as of January 16, 2025. This marks a significant downturn, with the stock experiencing a consecutive decline over the past 21 days, totaling a drop of 29.53%.

In today's market, Thinkink Picturez has underperformed its sector by 2.98%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained period of weakness. Over the past year, the company has faced a staggering decline of 92.41%, in stark contrast to the Sensex, which has shown a positive performance of 5.28% during the same period. These metrics highlight the challenging conditions that Thinkink Picturez is navigating in the current market landscape.
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