Marksans Pharma Stock Soars to New High, Outperforms Sector and Sensex

Nov 26 2024 09:45 AM IST
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On November 26, 2024, Marksans Pharma's stock price increased by 7.13%, reaching a new 52-week and all-time high of Rs. 333.85. The company has outperformed the sector by 5.2% and has shown consistent strength, trading above its moving averages. It has also outperformed the Sensex by a significant margin, with a 'Hold' call from MarketsMojo.

Marksans Pharma, a midcap pharmaceutical company, has seen a significant increase in its stock price on November 26, 2024. The stock has gained 7.13% and is currently trading at a new 52-week and all-time high of Rs. 333.85. This performance has been recognized by MarketsMOJO, who have given a 'Hold' call for the stock.

In today's trading session, Marksans Pharma has outperformed the sector by 5.2%. This is the second consecutive day of gains for the stock, with a total increase of 8.35% in the past two days. The stock also touched an intraday high of Rs. 333.85, showing a 5.75% increase.

Marksans Pharma's performance has been consistently strong, as it is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

In comparison to the overall market performance, Marksans Pharma has outperformed the Sensex by a significant margin. The stock's 1-day performance is 7.38% compared to the Sensex's 0.16%, and its 1-month performance is 29.00% compared to the Sensex's 1.05%.

Overall, Marksans Pharma's stock has shown a strong performance and is currently trading at a new high. With a 'Hold' call from MarketsMOJO, investors may want to keep an eye on this midcap pharmaceutical company.
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