Midcap Pharma Company Marksans Pharma Hits 52-Week High, Outperforms Sector

Nov 26 2024 09:35 AM IST
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Marksans Pharma, a midcap pharmaceutical company, has reached a 52-week high on November 26, 2024, with its stock price hitting Rs. 330. The stock has been performing well, outperforming the sector by 3.41% and showing consecutive gains for the last 2 days. It is currently trading above its moving averages and has shown impressive growth in the past year.

Marksans Pharma, a midcap pharmaceutical company, has recently seen a surge in its stock price, reaching a 52-week high on November 26, 2024. The stock has been performing well in the market, with a 'Hold' call from MarketsMOJO.

On November 26, the stock hit a new 52-week and all-time high of Rs. 330, outperforming the sector by 3.41%. It has also shown consecutive gains for the last 2 days, with a 6.46% increase in returns during this period. The stock's intraday high was Rs. 330, a 4.53% increase from the previous day.

Marksans Pharma is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in the market. In the past year, the company's performance has been impressive, with a 135.17% increase, compared to the Sensex's 21.84% performance.

As a midcap pharmaceutical company, Marksans Pharma has shown strong growth potential and has been able to outperform the market. With its recent surge in stock price and positive performance, it is definitely a company to keep an eye on in the pharmaceutical industry.
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