Persistent Downtrend Evident in Price Movements
Zenotech Laboratories' stock closed at ₹44.60 on 18 December, down by ₹0.53 or 1.17% from the previous session. This decline marked the third consecutive day of losses, cumulatively eroding approximately 4.46% of the stock’s value over this short span. The stock also hit a new 52-week low of ₹43.85 during the day, underscoring the prevailing bearish sentiment among investors.
The stock’s performance over the past week and month further highlights this negative momentum. Over the last seven days, Zenotech’s shares have fallen by 4.15%, considerably underperforming the Sensex benchmark, which declined by only 0.40% in the same period. The one-month return paints a more severe picture, with the stock shedding over 10.19%, wh...
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