Lasa Supergenerics Outperforms Sector and Sensex, Stock Rises by 37.08%

Jan 08 2024 10:36 AM IST
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Lasa Supergenerics, a microcap pharmaceutical company listed on the Indian stock exchange, has seen a significant increase in its stock price, outperforming the sector by 10.07%. In the last 5 days, the stock has risen by 37.08% and is currently trading higher than its moving averages. While MarketsMojo suggests selling, the recent performance has caught the attention of investors.

Lasa Supergenerics, a microcap pharmaceutical company, has been making headlines in the stock market with its recent performance. The company's stock, which is listed on the Indian stock exchange, opened with a gain of 3.58% today. This comes after the stock hit a new 52-week high of Rs.39.28, outperforming the sector by 10.07%.

In the last 5 days, Lasa Supergenerics has been on a consecutive gain streak, rising by 37.08%. This is a significant increase for a microcap company and has caught the attention of investors. The stock also opened with a gap up of 3.58% today and touched an intraday high of Rs.39.28, which is a 10% increase.

Lasa Supergenerics is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the stock's performance. In comparison to the Sensex, the company's stock has outperformed with a 1-day performance of 10.00% and a 1-month performance of 36.34%, while the Sensex has only seen a 0.06% and 3.22% increase, respectively.

While the stock call for Lasa Supergenerics by MarketsMOJO is 'Sell', the company's recent performance has caught the attention of investors. With a strong upward trend and outperforming the sector and Sensex, Lasa Supergenerics is definitely a company to keep an eye on in the pharmaceutical industry.
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