Sanjivani Paranteral Reaches All-Time High Amid Strong Market Performance

Dec 24 2024 09:25 AM IST
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Sanjivani Paranteral has recently been added to MarketsMojo's list following a revision in its score, reflecting its strong market performance. The stock has shown resilience, trading just below its 52-week high and outperforming its sector. With a notable annual gain, the company continues to attract investor interest.
Sanjivani Paranteral, a microcap player in the pharmaceuticals and drugs industry, has recently achieved an all-time high stock price, reaching this milestone on December 24, 2024. Currently, the stock is just 0.41% shy of its 52-week high of Rs 370.5, indicating strong market performance.

In today's trading session, Sanjivani Paranteral outperformed its sector by 1.65%, continuing a positive trend with five consecutive days of gains, resulting in a notable 9.82% increase over this period. The stock opened at Rs 369 and has maintained this price level throughout the trading day, reflecting stability.

Additionally, Sanjivani Paranteral is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward momentum. Over the past year, the company has delivered impressive returns of 132.67%, significantly outpacing the Sensex, which recorded a performance of 10.53%. This strong performance underscores Sanjivani Paranteral's position within the competitive pharmaceuticals sector.
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