Zim Laboratories Hits 52-Week Low Amid Broader Market Recovery and Weak Fundamentals
Zim Laboratories has reached a new 52-week low amid a broader market recovery, despite outperforming its sector intraday. The stock remains technically bearish, trading below key moving averages. Over the past year, it has seen a significant decline, with weak long-term fundamentals and negative quarterly results.
Zim Laboratories, a microcap player in the Pharmaceuticals & Drugs industry, has seen significant activity today, hitting a new 52-week low of Rs. 79.5. This decline comes amid a broader market recovery, as the Sensex rebounded from a substantial gap down opening, currently trading at 79,696.22, down 0.79%.Despite today's performance, where Zim Laboratories outperformed its sector by 3.29% and reached an intraday high of Rs. 83, the stock remains technically bearish. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent downward trend.
Over the past year, Zim Laboratories has recorded a -26.09% return, contrasting sharply with the Sensex's 9.99% gain. The company's long-term fundamentals appear weak, with a Return on Capital Employed (ROCE) of 9.55% and modest growth in net sales and operating profit over the last five years. Additionally, the company has reported negative results for the last three consecutive quarters, further contributing to its challenging market position.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
