Alembic Pharmaceuticals Faces Continued Stock Decline Amid Market Challenges

Jan 28 2025 10:45 AM IST
share
Share Via
Alembic Pharmaceuticals has faced a notable decline, with shares falling for six consecutive days and a total drop of 16.87%. The stock underperformed against its sector and is trading below key moving averages, indicating ongoing challenges in the competitive pharmaceuticals industry.
Alembic Pharmaceuticals has experienced a significant decline today, with shares dropping by 6.42% as of January 28, 2025. This performance marks a continued downward trend for the stock, which has now fallen for six consecutive days, resulting in a total decline of 16.87% over this period.

In terms of market positioning, Alembic Pharmaceuticals has underperformed compared to its sector, which has seen a decrease of 2.85%. The stock's performance today is notably weaker than the broader market, with the Sensex showing a modest gain of 0.59%.

Currently, Alembic Pharmaceuticals is trading below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. The stock reached an intraday low of Rs 877.6, reflecting the ongoing challenges faced by the company in the competitive pharmaceuticals and drugs industry. Over the past month, Alembic Pharmaceuticals has recorded a decline of 16.18%, further highlighting its struggles in the current market environment.
{{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