Lime Chemicals Hits 52-Week Low Amid Broader Market Resilience and Sector Challenges

Jan 13 2025 09:36 AM IST
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Lime Chemicals has hit a new 52-week low, with its stock price at Rs. 22, marking an 11.77% decline over the past year. Despite this downturn, the stock has outperformed its sector today, although it remains below key moving averages, prompting close scrutiny from market participants.
Lime Chemicals, a microcap player in the chemicals industry, has reached a new 52-week low, with its stock price falling to Rs. 22 on January 13, 2025. This decline reflects a one-year performance decrease of 11.77%, contrasting sharply with the Sensex's positive performance of 5.86% over the same period.

Despite the overall downturn, Lime Chemicals' stock has shown resilience today, outperforming its sector by 2.5%. However, it is important to note that the stock is currently trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. As the company faces these challenges, its performance metrics will be closely observed by market participants.
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