Panacea Biotec Stock Surges Amidst Sector Decline, Indicating Investor Sentiment Shift

May 23 2025 10:00 AM IST
share
Share Via
Panacea Biotec Ltd experienced heightened market activity as its stock reached the upper circuit limit, closing at Rs 529.05. The trading volume was approximately 0.87036 lakh shares, with a turnover of Rs 4.52 crore. The stock's performance indicates a potential trend reversal amid recent declines in the sector.
Panacea Biotec Ltd, a small-cap player in the Pharmaceuticals & Biotechnology sector, has made headlines today as its stock hit the upper circuit limit, reflecting a significant uptick in market activity. The stock closed at Rs 529.05, marking an absolute change of Rs 25.15, which translates to a 4.99% increase. Notably, the stock reached an intraday high of Rs 518.45, showcasing a robust performance against the backdrop of a sector that has seen a 1D return of -0.44%.

The trading volume for Panacea Biotec was recorded at approximately 0.87036 lakh shares, resulting in a turnover of Rs 4.52 crore. The stock has notably outperformed its sector by 2.36%, indicating a positive shift in investor sentiment after a six-day streak of declines.

Despite a decrease in delivery volume, which fell by 54.74% compared to the five-day average, the stock remains liquid enough for trading activities. Overall, Panacea Biotec's performance today highlights a reversal in trend, with the stock trading above its 50-day, 100-day, and 200-day moving averages, signaling a potential shift in market dynamics.
{{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