Shilpa Medicare's Stock Sees Decline in Line with Sector Performance on November 13, 2024

Shilpa Medicare, a midcap pharmaceutical company, saw a decline of -5.46% in its stock price on November 13, 2024. This was in line with the overall performance of the sector, as the company underperformed by -3.04%. The stock has been on a downward trend for the past two days, with a total loss of -5.72% during this period.

Despite the recent decline, Shilpa Medicare's stock opened with a gain of 2.58% today, indicating some positive movement. However, it touched an intraday low of Rs 831.9 (-4.72%) before closing at Rs 840.75. The stock also touched an intraday high of Rs 895.65 (2.58%).

In terms of moving averages, Shilpa Medicare's stock is currently higher than its 100-day and 200-day moving averages. However, it is lower than its 5-day, 20-day, and 50-day moving averages. This suggests that the stock may have some volatility in the short term, but is still performing well in the long term.

On a comparative basis, Shilpa Medicare's stock performance was -5.45% on November 13, 2024, while the Sensex's performance was -0.85%. In the past month, the company's stock has seen a decline of -5.52%, while the Sensex has seen a decline of -4.15%.

Overall, Shilpa Medicare's stock performance has been relatively stable, with some recent fluctuations. Investors may want to hold onto their positions for now, as recommended by MarketsMOJO. This news article is based on factual information and does not include any external data or sources.