Which are the latest news on Corona Remedies?

Why is Corona Remedies falling/rising?

As of 19-Dec, the stock price of Corona Remedies Ltd is rising to 1,374.85, indicating a potential trend reversal after previous declines. However, it remains below key moving averages and has seen a significant drop in investor participation, suggesting challenges ahead.

As of 19-Dec, the stock price of Corona Remedies Ltd is rising, currently at 1,374.85, reflecting an increase of 12.95 (0.95%). This upward movement comes after two consecutive days of decline, indicating a potential trend reversal. Additionally, the stock reached an intraday high of Rs 1,437.95, which is a significant increase of 5.58% during the trading day. <BR><BR>However, it is important to note that despite this rise, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term downward trend. Furthermore, investor participation has decreased significantly, with delivery volume dropping by 85.03% compared to the 5-day average, indicating reduced interest from investors. <BR><BR>Overall, while the stock is experiencing a rise in price today, the broader context shows challenges such as lower trading volumes and being below key moving averages, which could affect its future performance.