Ajanta Pharma Ltd. Hits 52-Week High, Outperforms Sector with Strong Financials

Sep 12 2024 11:05 AM IST
share
Share Via
Ajanta Pharma Ltd. has achieved a new milestone as its stock price reached a 52-week high of Rs. 3485.75 on September 12, 2024. The company's stock has outperformed the sector by 1.95% and is currently trading above its moving averages, indicating a strong upward trend. Ajanta Pharma's exceptional growth in the past year showcases its strong financials and focus on innovation and quality in the pharmaceutical industry.

Ajanta Pharma Ltd., a leading pharmaceutical company in the largecap industry, has recently reached a new milestone. On September 12, 2024, the company's stock price hit a 52-week high of Rs. 3485.75. This positive development has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock's performance today has also been impressive, outperforming the sector by 1.95%. It reached an intraday high of Rs. 3485.75, showing a 3.13% increase. Ajanta Pharma's stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In the past year, Ajanta Pharma has shown exceptional growth, with a 101.89% increase in its stock price. This is significantly higher than the Sensex's performance of 21.62% during the same period. This showcases the company's strong financials and its ability to deliver consistent returns to its shareholders.

Ajanta Pharma's success can be attributed to its focus on innovation and quality in the pharmaceutical industry. The company has a diverse portfolio of products and a strong presence in both domestic and international markets. With its continuous growth and positive outlook, Ajanta Pharma is definitely a stock to watch out for in the largecap industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News