Jagsonpal Pharmaceuticals Ltd. faces dip in stock price, still outperforms moving averages.

Jagsonpal Pharmaceuticals Ltd. (JPL) has recently faced a dip in its stock price, with a loss of -7.98% on October 7th, 2024. This has been reflected in the stock call given by MarketsMOJO, which is currently 'Hold'. The stock has underperformed the sector by -6.95% and has also seen a trend reversal after 5 consecutive days of gains.

On the day of the dip, the stock touched an intraday low of Rs 403.9, which is a decrease of -8% from the previous day's closing price. However, it is worth noting that the stock's moving averages are still higher than the 50 day, 100 day, and 200 day moving averages. But it is currently lower than the 5 day and 20 day moving averages.

In comparison to the Sensex performance, Jagsonpal Pharmaceuticals Ltd. has seen a -7.76% decrease in its stock price, while the Sensex has only seen a -0.79% decrease. Similarly, in the past month, the stock has seen a -1.94% decrease, while the Sensex has only seen a -0.17% decrease.

Despite the recent dip in stock price, Jagsonpal Pharmaceuticals Ltd. remains a strong player in the pharmaceuticals and drugs industry, with a smallcap size. Investors should keep an eye on the stock's performance in the coming days to make informed decisions.