Sanofi India's Stock Hits 52-Week Low, Underperforming Sector by -41.81%

Jun 13 2024 10:05 AM IST
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Sanofi India Ltd., a largecap pharmaceutical company, has hit a 52-week low on June 13, 2024, with a decline of -41.77% in the last two days. The stock has been underperforming the sector and is currently trading at a lower price than its moving averages. According to MarketsMojo, the stock call for Sanofi India is 'Hold'.

Sanofi India Ltd., a largecap pharmaceutical company, has recently hit a 52-week low on June 13, 2024. The stock has been underperforming the sector by -41.81% and has been on a consecutive fall for the last two days, with a decline of -41.77% during this period. The stock opened with a gap down of -41.7% today and touched an intraday low of Rs 5850.55. It has been trading at this price since then, showing no range.

According to MarketsMOJO, the stock call for Sanofi India is 'Hold'. The company's performance in the past year has been -4.93%, while the Sensex has shown a growth of 21.73%. This indicates that the stock has not been performing well compared to the overall market.

Sanofi India is a largecap pharmaceutical company, known for its high-quality products and strong presence in the industry. However, the recent decline in its stock price may be a cause for concern for investors. It is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which could be a sign of a downward trend.

It is important to note that this news article is based on factual information and does not include any external data or sources. It is not intended to provide any recommendations or predictions about the future potential of the company. As always, investors are advised to do their own research and consult with a financial advisor before making any investment decisions.
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