Deccan Health Care's Stock Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO.

May 30 2024 11:05 AM IST
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Deccan Health Care, a microcap pharmaceutical company, has hit a 52-week low on May 30, 2024. MarketsMojo has given the stock a 'Strong Sell' rating, indicating a negative outlook. The stock has been highly volatile and is currently trading below its moving averages, with a -34.18% 1-year performance compared to Sensex's 17.73%.

Deccan Health Care, a microcap pharmaceutical company, has recently hit a 52-week low on May 30, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the company's performance.

The stock price of Deccan Health Care has been on a downward trend, with the latest low of Rs. 20.5 being hit today. The stock has also underperformed the sector by -9.68% in today's trading session. The stock has been highly volatile, with an intraday volatility of 7.41%, calculated from the weighted average price.

Deccan Health Care is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the stock. The company's 1-year performance has been -34.18%, while the Sensex has shown a positive performance of 17.73% in the same period.

It is important to note that this news article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of Deccan Health Care or its stock. Investors are advised to do their own research and consult with financial experts before making any investment decisions.
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