Strides Pharma Science Hits New 52-Week High of Rs. 999.8
Strides Pharma Science has reached a significant milestone by hitting a new 52-week high of Rs. 999.8 today, marking a notable achievement for the small-cap pharmaceutical and biotechnology company. This new high reflects a robust performance, as the stock has outperformed its sector by 6% and has shown a remarkable 17.16% increase over the past two days.The stock's performance today included an intraday high of Rs. 999.8, representing a 6.86% rise. Strides Pharma is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price momentum.
In the broader market context, the Sensex has shown resilience, recovering from an initial dip to trade at 83,975.93, just 1.56% away from its own 52-week high. The small-cap segment is leading the market, with the BSE Small Cap index gaining 0.62%. Over the past year, Strides Pharma has delivered a solid return of 30.91%, significantly outperforming the Sensex's 5.33% gain.
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