Panasonic Carbon India Company has reached a new 52-week low, continuing a three-day decline. The stock is trading below key moving averages, reflecting a bearish trend. Over the past year, it has underperformed compared to the Sensex, with limited growth in net sales and operating profit.
Panasonic is a Japan-based multinational conglomerate that manufactures and distributes consumer electronics such as televisions, air conditioners, cameras, and refrigerators.