Tejnaksh Healthcare Hits 52-Week Low, Receives 'Strong Sell' Rating from MarketsMOJO

Apr 03 2024 03:05 PM IST
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Tejnaksh Healthcare, a microcap company in the healthcare services industry, has hit a 52-week low on April 3rd, 2024. With a 'Strong Sell' rating from MarketsMojo and underperforming the sector by -2%, the stock has seen a downward trend and is currently trading below all its moving averages. Its one-year performance is significantly lower than the Sensex, indicating struggles in the market.


Tejnaksh Healthcare, a microcap company in the healthcare services industry, has recently hit a 52-week low on April 3rd, 2024. The stock has been given a 'Strong Sell' rating by MarketsMOJO, indicating a negative outlook for the company's performance.

The stock's price summary shows that it has reached a new low of Rs. 22.91 and has underperformed the sector by -2% on the day. This marks a trend reversal as the stock had seen two consecutive days of gains before falling to its current low.

In terms of moving averages, Tejnaksh Healthcare is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a downward trend in the stock's performance.

When compared to the Sensex, Tejnaksh Healthcare's one-year performance has been significantly lower at -37.14%, while the Sensex has seen a positive growth of 24.97%. This further highlights the company's struggles in the market.

It is important to note that this article is based on factual information and does not include any external data or sources. It is meant to provide a neutral and informative tone for readers interested in the current state of Tejnaksh Healthcare's stock. As always, it is recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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