SMS Pharmaceuticals sees strong start and outperforms sector with 6.41% gain

Aug 07 2024 09:50 AM IST
share
Share Via
SMS Pharmaceuticals, a smallcap pharma company, had a positive start to trading today with a 6.41% gain, outperforming the sector by 1.93%. After two days of falling prices, this could signal a trend reversal. The stock also opened with a gap up and is currently trading above its 5 day moving average.

SMS Pharmaceuticals, a smallcap company in the pharma industry, saw a positive start to its trading day today. The stock opened with a gain of 6.41%, outperforming the sector by 1.93%. This comes after two consecutive days of falling stock prices, indicating a possible trend reversal.

The stock also saw a gap up opening, starting the day with a gain of 6.41%. It touched an intraday high of Rs 296.35, showing a strong performance in the early hours of trading. However, it is currently trading lower than its 5 day moving average, but higher than its 20 day, 50 day, 100 day, and 200 day moving averages.

In comparison to the Sensex, SMS Pharmaceuticals has shown a 1 day performance of 3.79%, while the Sensex has only seen a 0.89% increase. Over the past month, SMS Pharmaceuticals has outperformed the Sensex with a 11.26% increase, while the Sensex has seen a -0.88% decrease.

MarketsMOJO has given a 'Hold' call for SMS Pharmaceuticals, indicating a neutral stance on the stock. With a strong start to the trading day and positive performance in the past month, SMS Pharmaceuticals is a company to watch in the smallcap pharma industry.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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