Ajanta Pharma Faces Continued Stock Decline Amid Broader Sector Weakness

Feb 11 2025 01:00 PM IST
share
Share Via
Ajanta Pharma's stock has declined for two consecutive days, totaling a 6.44% drop. The company underperformed compared to the broader sector and is trading below multiple moving averages. Over the past month, the stock has fallen by 11.50%, indicating ongoing challenges in the pharmaceuticals industry.
Ajanta Pharma has experienced a notable decline today, with its stock price dropping by 3.0% on February 11, 2025. This performance marks a continuation of a downward trend, as the stock has now fallen for two consecutive days, resulting in a total decline of 6.44% over this period.

In terms of market performance, Ajanta Pharma underperformed the broader sector, which saw a decrease of 2.13%. The stock's intraday low reached Rs 2521.5, reflecting a decrease of 2.97% at its lowest point. Additionally, Ajanta Pharma is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its short to long-term performance metrics.

Over the past month, Ajanta Pharma has recorded a significant decline of 11.50%, contrasting with the Sensex, which has only decreased by 0.89%. This performance highlights the challenges faced by Ajanta Pharma within the competitive pharmaceuticals and drugs 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