Neuland Laboratories' Stock Sees 5.55% Increase, Outperforms Sector and Sensex

Nov 27 2024 01:15 PM IST
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On November 27, 2024, Neuland Laboratories' stock price increased by 5.55%, attributed to the company's strong performance. According to MarketsMojo, the current call for the stock is 'Hold', based on its outperformance of the sector and consecutive gains in the last 2 days. The stock is also trading higher than its moving averages and has outperformed the Sensex in the last 1 month.

Neuland Laboratories, a leading pharmaceutical company in the largecap industry, has seen a 5.55% increase in its stock price on November 27, 2024. This rise in stock price has been attributed to the company's strong performance in the market.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Neuland Laboratories' stock is 'Hold'. This is based on the company's recent performance and market trends.

In terms of price performance, Neuland Laboratories has outperformed the sector by 4.73% on the day of November 27. The stock has also been on a consecutive gain for the last 2 days, with a 5.22% increase in returns during this period. The stock also touched an intraday high of Rs 15695.85, showing a 4.64% increase.

Neuland Laboratories is also trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, indicating a positive trend in the market.

In comparison to the Sensex performance, Neuland Laboratories has shown a 5.24% increase in the last 1 day, while the Sensex has only seen a 0.47% increase. In the last 1 month, Neuland Laboratories has outperformed the Sensex by 14.10%, with a 1.23% increase in the Sensex.

Overall, Neuland Laboratories has shown strong performance in the market, with a positive trend in its stock price and outperforming the sector and Sensex. Investors are advised to hold their positions in the company's stock, as per MarketsMOJO's recommendation.
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