Alembic Pharmaceuticals Ltd. Reaches Record High Stock Price, Experts Give 'Buy' Call

Jul 28 2024 09:20 AM IST
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Alembic Pharmaceuticals Ltd. has reached an all-time high in its stock price, hitting a record high of Rs.1225.2 on July 28, 2024. The company has been given a 'Buy' call by MarketsMojo, showcasing its strong performance and potential for growth. It has outperformed the sector by 2.15% and has been on a consecutive gain for the last 3 days, with a 11.66% increase in its stock price. In the last year, it has shown an impressive 71.03% increase, highlighting its strong performance compared to the overall market. With its positive trend and potential for growth, Alembic Pharmaceuticals Ltd. is a company to watch out for in the pharma industry.


Alembic Pharmaceuticals Ltd., a leading player in the pharma industry, has recently reached an all-time high in its stock price. On July 28, 2024, the company's stock price hit a record high of Rs.1225.2, which is a positive sign for investors.

According to MarketsMOJO, a leading stock market analysis platform, Alembic Pharmaceuticals Ltd. has been given a 'Buy' call. This is a testament to the company's strong performance and potential for growth in the future.

In terms of performance, Alembic Pharmaceuticals Ltd. has outperformed the sector by 2.15% and has been on a consecutive gain for the last 3 days, with a 11.66% increase in its stock price. The stock has also been trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend.

In comparison to the overall market performance, Alembic Pharmaceuticals Ltd. has shown an impressive 71.03% increase in the last year, while the Sensex has only grown by 21.92%. This further highlights the company's strong performance and potential for growth.

With its recent all-time high stock price and positive outlook from experts, Alembic Pharmaceuticals Ltd. is definitely a company to watch out for in the pharma industry.
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