Alembic Pharma's Stock Performance Soars, Outperforms Sector and Market

Sep 05 2024 09:35 AM IST
share
Share Via
Alembic Pharmaceuticals Ltd. has seen a significant increase in its stock performance on September 5th, 2024, with a gain of 3.69%. The company's stock has consistently outperformed the sector and is currently trading higher than its moving averages. This, along with a 'Buy' call from MarketsMojo, makes Alembic Pharma a promising investment option.

Alembic Pharmaceuticals Ltd. (Alembic Pharma), a leading player in the pharmaceutical industry, has seen a positive trend in its stock performance on September 5th, 2024. The company's stock has gained 3.69%, outperforming the sector by 3.38%. This is a significant increase and shows the company's strong position in the market.

According to MarketsMOJO, a leading stock analysis and recommendation platform, Alembic Pharma's stock call is 'Buy'. This further reinforces the positive outlook for the company's stock.

In terms of price performance, Alembic Pharma has been on a consecutive gain for the last 2 days, with a rise of 8.69% in this period. The stock also touched an intraday high of Rs 1158.1, showing a 4.05% increase.

Moreover, Alembic Pharma's stock is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This indicates a strong and consistent performance by the company.

In comparison to the overall market performance, Alembic Pharma has outperformed the Sensex by 4.49% in the last 1 day and has a 1 month performance of -3.10% compared to the Sensex's 4.63% increase. This further highlights the company's strong position in the market.

Overall, Alembic Pharmaceuticals Ltd. has shown a positive and consistent performance in the stock market, making it a promising investment option for investors. With its strong presence in the pharmaceutical industry and positive stock performance, Alembic Pharma is definitely a company to watch out for.
{{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