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Brightcom Group shares jump 13%; what's next on technical charts?

Brightcom Group share price: The stock today surged 12.60 per cent to hit a day high of Rs 21.99. At this price, the scrip has declined 40.28 per cent from its one-year high of Rs 36.82, a level seen on June 22, 2023. Despite the said drop, the multibagger counter has gained 137.22 per cent from its 52-week low price of Rs 9.27, hit on April 28 last year when it turned into a penny stock.
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Brightcom Group shares halt 9-day upward run, fall 5% today; here's what technical charts indicate

Brightcom Group share price: In terms of value, the scrip saw extreme highs and lows this year. At today's low price of Rs 19.27, the scrip has rebounded 107.88 per cent from its one-year low price of Rs 9.27, a level seen on April 28 this year when it turned into a penny stock. Despite the mentioned rise, it has declined 55.85 per cent from its 52-week high of Rs 43.65, hit on October 11 last year.
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Brightcom Group shares in focus ahead of August 27 board meeting

Brightcom Group said it understands the significance of the matter and assured investors that it will diligently communicate any relevant updates following the meeting.

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Brightcom Group shares: BCG assurance fails to restrict stock fall

Brightcom Group said it fully understands that news of this nature may raise concerns among valued shareholders. It reassured investors that the right course of action will be taken.

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