Panacea Biotec Achieves 52-Week High Amid Strong Small-Cap Market Performance

Apr 29 2025 09:37 AM IST
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Panacea Biotec has reached a new 52-week high of Rs. 563.9, reflecting a significant performance improvement. The stock has shown strong upward momentum, outperforming its sector. Over the past year, it has delivered impressive returns, marking a notable recovery from its previous low of Rs. 112.7.
Panacea Biotec, a small-cap player in the Pharmaceuticals & Drugs industry, has made headlines today as its stock price reached a new 52-week high of Rs. 563.9. This milestone was achieved on April 29, 2025, marking a significant performance improvement for the company. Over the past two days, Panacea Biotec has demonstrated a robust upward trend, gaining 7.61% in returns and outperforming its sector by 3.91% today.

The stock's intraday high of Rs. 563.9 reflects a 5% increase, indicating strong market activity. Notably, Panacea Biotec is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive momentum in its price trajectory.

In the broader market context, the Sensex has also shown resilience, climbing 228.08 points to reach 80,625.00, with small-cap stocks leading the charge, as evidenced by a 1.06% gain in the BSE Small Cap index. Over the past year, Panacea Biotec has delivered an impressive 291.28% return, significantly outpacing the Sensex's performance of 7.86%. The stock's 52-week low stands at Rs. 112.7, highlighting its remarkable recovery and growth over the past year.
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