Shilpa Medicare Faces Volatility Amid Broader Market Gains and Mixed Performance Indicators

Shilpa Medicare, a midcap player in the Pharmaceuticals & Drugs industry, has experienced a notable decline of 5.24% on March 28, 2025. The stock underperformed its sector by 4.89%, reaching an intraday low of Rs 648.8, which represents a drop of 5.56%.
In terms of moving averages, Shilpa Medicare is currently positioned higher than its 20-day moving average but falls below the 5-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short-term performance.

Over various time frames, Shilpa Medicare's performance has shown volatility. In the past day, the stock has decreased by 5.65%, while over the past week, it has declined by 4.77%. However, on a monthly basis, it has gained 5.84%. Year-to-date, the stock is down 20.28%, contrasting with a 40.50% increase over the past year.

In the broader market context, the Sensex opened higher at 77,690.69, gaining 84.26 points, while small-cap stocks are leading with a slight gain of 0.02%.