Strides Pharma Science Reaches All-Time High, Outperforms Sector and Sensex

Strides Pharma Science, a midcap pharmaceutical company, has recently reached an all-time high in its stock price on October 16, 2024. The stock is currently trading at a price of Rs 1584.95, which is only 0.29% away from its 52-week high of Rs 1589.6. This positive performance has led MarketsMOJO to give a 'Hold' call for the stock.

Strides Pharma Science has been a part of the Momentumnow Stocks on MarketsMOJO since April 3, 2024. The stock has outperformed the sector by 1.29% and has been on a consecutive gain for the last 2 days, with a 1.67% increase in returns during this period. The stock has also been consistently trading at its current price, with no significant range in its trading.

In terms of moving averages, Strides Pharma Science is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its stock price.

In comparison to the Sensex performance, Strides Pharma Science has shown a remarkable 212.12% increase in its stock price over the past year, while the Sensex has only seen a 23.42% increase. This showcases the strong performance of the company in the pharmaceutical industry.

Overall, Strides Pharma Science has shown a consistent and positive performance in its stock price, making it a promising midcap company in the pharmaceutical sector. Investors may want to consider this stock for their portfolio.