U. H. Zaveri Hits 52-Week Low Amidst Ongoing Market Challenges

Jan 15 2025 10:05 AM IST
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U. H. Zaveri, a microcap in the diamond and gold jewellery sector, has hit a new 52-week low at Rs. 12.72, marking an 8.7% decline over four days. The company has faced a significant 69.13% drop in the past year, underperforming against the Sensex's gains.
U. H. Zaveri, a microcap player in the diamond and gold jewellery sector, has reached a new 52-week low, with its stock price falling to Rs. 12.72. This decline highlights a significant downturn for the company, which has underperformed its sector by 2.12% today. Over the last four days, the stock has seen a consecutive decline, totaling an 8.7% drop.

In the past year, U. H. Zaveri's performance has been particularly troubling, with a staggering decline of 69.13%, especially when compared to the Sensex's gain of 4.58% during the same period. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend. These metrics reflect the challenges the company is facing in the current market environment.
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