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On Thursday, the stock of Divi’s Laboratories tumbled 4 per cent accompanied by huge volumes — of over 2.7 times normal number. It fell below the key support level of ₹800. Last week, the stock has nose-dived almost 25 per cent with extraordinary volume, conclusively breaching key long-term supports at ₹1,050 and ₹950. With Thursday’s fall, the stock has extended this week’s decline so far to 8.8 per cent. Over the last five trading sessions, there has been an increase in trading volumes.
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