Panacea Biotec Shows Volatility Amid Mixed Short-Term Momentum and Sector Performance

Feb 20 2025 11:15 AM IST
share
Share Via
Panacea Biotec has experienced notable trading activity, opening with a gain and outperforming its sector. The stock reached an intraday high while showing mixed short-term momentum relative to various moving averages. Over the past month, it has faced a significant decline, contrasting with broader market trends.
Panacea Biotec, a small-cap player in the Pharmaceuticals & Drugs industry, has shown significant activity today, opening with a gain of 6.19%. The stock's performance has outpaced its sector by 3.45%, reflecting a positive trend over the last two days, during which it has accumulated returns of 5.81%.

Today, Panacea Biotec reached an intraday high of Rs 349.9, while the lowest point was Rs 322.05, marking a decline of 2.26%. In terms of moving averages, the stock is currently positioned higher than its 200-day moving average but remains below the 5-day, 20-day, 50-day, and 100-day averages, indicating mixed short-term momentum.

Over the past month, Panacea Biotec has experienced a decline of 22.99%, contrasting with a modest drop of 1.71% in the Sensex. The stock's recent performance highlights its volatility and the challenges it faces in the current market environment. Investors may want to monitor these trends closely as they evolve.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News