Shilpa Medicare Faces Significant Stock Decline Amid Broader Market Challenges
Shilpa Medicare's shares have declined significantly today, underperforming the broader Pharmaceuticals & Drugs sector. The stock is trading below multiple moving averages and has experienced a notable drop over the past three months. In contrast, the company has shown a substantial gain over the past year.
Shilpa Medicare, a midcap player in the Pharmaceuticals & Drugs sector, has experienced a significant decline today, with shares dropping by 5.29%. The stock underperformed the sector, which fell by 4.42%, and is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Intraday, Shilpa Medicare reached a low of Rs 639.9, reflecting a decrease of 5.11%. Over the past week, the stock has declined by 3.92%, while its performance over the last month shows a modest gain of 1.72%. However, the three-month performance reveals a more concerning trend, with a drop of 24.33%.
In the broader market context, the Sensex has also faced challenges, falling sharply by 606.77 points to 75,553.32, marking a 0.97% decline. The Sensex is currently trading below its 50-day moving average, indicating bearish market conditions. Over the past year, Shilpa Medicare has shown a notable gain of 29.22%, contrasting with the Sensex's modest increase of 1.71%.
{{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
