Sanofi India's Stock Opens with 4.46% Gain, Rated as 'Sell' by MarketsMOJO

Nov 25 2024 03:20 PM IST
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Sanofi India, a midcap pharmaceutical company, saw a 4.46% gain in its stock on the trading day, outperforming the sector by 1.45%. However, according to MarketsMojo, the stock is currently rated as a 'Sell'. It has also been on a consecutive gain for the last 2 days and is currently above the 5 day moving average.

Sanofi India, a midcap pharmaceutical company, saw a positive start to its trading day as its stock opened with a gain of 4.46%. However, according to MarketsMOJO, the stock is currently rated as a 'Sell'.

In terms of performance, Sanofi India has outperformed the sector by 1.45% today. The stock has been on a consecutive gain for the last 2 days and has risen 2.45% in this period. It also opened with a gap up of 4.46% today and touched an intraday high of Rs 6324.95.

When looking at the moving averages, Sanofi India's stock is currently higher than the 5 day moving average but lower than the 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex, Sanofi India's stock has performed better in the last 1 day with a return of 2.51% compared to the Sensex's 1.28% return. However, in the last 1 month, the stock has underperformed the Sensex with a return of -2.31% compared to the Sensex's 0.92% return.

Overall, Sanofi India's stock has had a positive start to its trading day but is currently rated as a 'Sell' by MarketsMOJO. Investors should carefully consider their options before making any decisions regarding this stock.
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