Mankind Pharma Shows Positive Short-Term Gains Amid Broader Market Rally

Mar 20 2025 02:50 PM IST
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Mankind Pharma has experienced significant activity, gaining 3.76% on March 20, 2025, and outperforming its sector. The stock has shown consecutive gains over two days, while its current price is above the 5-day moving average but below longer-term averages. The broader market, represented by the Sensex, has also risen.
Mankind Pharma has shown notable activity today, gaining 3.76% on March 20, 2025. The stock has outperformed its sector by 2.7%, marking a positive trend as it has recorded consecutive gains over the last two days, accumulating a total return of 4.32% during this period. The stock reached an intraday high of Rs 2242.85, reflecting a rise of 3.93%.

In terms of moving averages, Mankind Pharma's current price is higher than its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short-term performance relative to longer-term trends.

In the broader market context, the Sensex has continued its upward trajectory, rising by 469.65 points to reach 76,386.76, a gain of 1.24%. Mega-cap stocks are leading this market rally, with Mankind Pharma's performance over one day at 3.63% compared to the Sensex's 1.24%. However, the stock's performance over the past month shows a decline of 4.84%, contrasting with the Sensex's modest gain of 0.86%.
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