Mankind Pharma Faces Continued Stock Decline Amid Broader Market Gains

Apr 30 2025 02:50 PM IST
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Mankind Pharma has faced a decline in stock performance, continuing a downward trend over recent days. The company's performance has lagged behind the broader market, with notable underperformance compared to the Sensex. Year-to-date, Mankind Pharma's stock has decreased significantly, contrasting with the Sensex's modest gains.
Mankind Pharma, a prominent player in the Pharmaceuticals & Drugs industry, has experienced a notable decline of 3.17% on April 30, 2025. This performance marks a continuation of a downward trend, with the stock losing 3.37% over the past two days. Today, it reached an intraday low of Rs 2,472.35, reflecting a decrease of 3.31%.

In comparison to the broader market, Mankind Pharma has underperformed, lagging behind the Sensex, which is currently trading at 80,397.71, up by 0.14%. Over the past week, Mankind Pharma's performance has been -3.07%, while the Sensex has gained 0.35%. On a monthly basis, the stock has shown a modest increase of 2.73%, but this is overshadowed by the Sensex's 3.85% rise.

Despite being above its 20-day, 50-day, and 200-day moving averages, Mankind Pharma's stock is currently below its 5-day and 100-day moving averages. Year-to-date, the stock has declined by 13.69%, contrasting with the Sensex's gain of 2.89%.
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