Panacea Biotec Experiences Significant Trading Surge Amid Potential Trend Reversal

Jun 05 2025 12:00 PM IST
share
Share Via
Panacea Biotec Ltd experienced significant trading activity today, reaching its upper circuit limit after a series of declines. The stock's performance surpassed its sector average, with increased delivery volume indicating heightened investor interest. Despite mixed short-term indicators, the company demonstrated resilience in a competitive market.
Panacea Biotec Ltd, a small-cap player in the Pharmaceuticals & Biotechnology sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 479.65, reflecting a gain of 4.99% from the previous close. This surge comes after a three-day period of consecutive declines, indicating a potential trend reversal.

The last traded price (LTP) stood at Rs 472.25, with a notable change of Rs 15.4, or 3.37%. The stock's performance today outpaced the sector by 2.69%, showcasing its resilience in a competitive market. The total traded volume reached 3.236 lakh shares, contributing to a turnover of Rs 15.20 crore.

Despite the stock trading lower than its 5-day, 20-day, and 50-day moving averages, it remains above the 100-day and 200-day moving averages, suggesting a mixed short-term outlook. Additionally, delivery volume has increased significantly, rising by 67.05% against the 5-day average, indicating heightened investor participation.

Overall, Panacea Biotec's performance today highlights its ability to rebound and attract trading interest, marking a significant moment in its market activity.
{{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