Mankind Pharma Hits Day Low of Rs 2,373 Amid Price Pressure
Mankind Pharma's stock has declined today, reaching an intraday low after two days of gains. The company has underperformed relative to its sector and is trading below multiple moving averages, indicating a bearish trend. The broader market, represented by the Sensex, has also faced challenges.
Mankind Pharma has experienced a notable decline today, with the stock dropping by 3.1% as of October 31, 2025. The stock reached an intraday low of Rs 2,373, reflecting a decrease of 2.97%. This downturn comes after two consecutive days of gains, indicating a potential trend reversal.In terms of performance metrics, Mankind Pharma has underperformed compared to its sector, lagging by 2.54%. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term.
The broader market context shows that the Sensex has also faced challenges, declining by 423.71 points to close at 83,956.08, a drop of 0.53%. Despite this, the Sensex remains close to its 52-week high, trading above its 50-day moving average, which is positioned above the 200-day moving average.
Overall, Mankind Pharma's performance today reflects broader market trends and highlights its current position within the pharmaceuticals and biotechnology sector.
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