Panacea Biotec's Stock Soars 7.58%, Reaches New 52-Week High Amid Strong Sell Recommendation
On August 26th, 2024, the stock gained 7.58%, closing at Rs. 217.65, its new 52-week high. It has also outperformed the sector by 6.36% and is currently trading higher than its moving averages. In comparison to the Sensex, Panacea Biotec's 1-day and 1-month performance has been significantly higher.
Panacea Biotec, a smallcap pharmaceutical company, saw a significant increase in its stock price on August 26th, 2024. The stock gained 7.58%, closing at Rs. 217.65, which is also its new 52-week high. This performance has been deemed as a strong sell by MarketsMOJO.
The stock has outperformed the sector by 6.36% and has shown a trend reversal after two consecutive days of falling. It also touched an intraday high of Rs. 217.65, showing a 7.53% increase. Panacea Biotec is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
In comparison to the Sensex, Panacea Biotec's 1-day performance was 11.61%, while the Sensex only saw a 0.69% increase. Similarly, in the past month, Panacea Biotec's performance has been 62.93%, while the Sensex only saw a 0.39% increase.
Panacea Biotec is a smallcap company in the pharmaceutical industry. While there has been no mention of investor interest or expert opinions, the stock's performance speaks for itself. With a strong sell recommendation from MarketsMOJO, investors may want to keep an eye on Panacea Biotec's future performance.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
Most Read
