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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 dive 5% after Sebi order; analysts say bearish trend may continue

Brightcom Group share price: Market regulator Sebi, in an interim order, restrained the company's top executives Suresh Kumar Reddy and Narayan Raju from holding any directorial positions until further notice. Reddy is the promoter-cum-chairman and managing director of Brightcom Group, and Raju is the chief financial officer. Sebi also restrained ace investor Sharma from selling shares in the company. In total, a total of 25 entities and individuals would be hit by the Sebi order.
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Brightcom Group continue to fall; stock still up 77% in a month; here's what analysts say

Brightcom Group share price: The scrip has lost 14.23 per cent in three straight sessions. That said, Brightcom is up 77.25 per cent in the past one month. At today's low price of Rs 30.08, the multibagger counter has rebounded 224.49 per cent from its one-year low of Rs 9.27, a level seen on April 28, 2023, when it turned into a penny stock.
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