Top Stock Decline: PCBL Chemical Hits 52-Week Low Amid Market Strength

PCBL Chemical hit a 52-week low despite appealing valuations, as declining profits and weak momentum kept the stock lagging far behind broader market gains.

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Top Stock Decline: PCBL Chemical Hits 52-Week Low Amid Market Strength

Top Stock Decline: PCBL Chemical Hits 52-Week Low Amid Market Strength
PCBL Chemical slipped to a new 52 week low of ₹322.8 on December 1, extending a three-day losing streak even as the broader market held firm. The stock returned –1.52% over the period and remained below all major moving averages, indicating sustained weakness. This contrasts sharply with the Sensex, which stayed near its record high after a 0.42% jump at the open and continued its three week upward trend.