Suven Pharmaceuticals Reaches All-Time High in Stock Price, Recognized by MarketsMOJO

Oct 31 2024 02:35 PM IST
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Suven Pharmaceuticals, a leading player in the pharmaceuticals and drugs industry, has reached an all-time high in its stock price on October 31, 2024. The company's stock has been performing well, with a current price only 0.76% away from its 52-week high. MarketsMojo has given a 'Hold' rating for the stock, recognizing its positive trend. Suven Pharma's stock has consistently traded higher than its moving averages and has shown an impressive 1-year performance of 125.45%, showcasing its strong growth and potential in the industry.

Suven Pharmaceuticals, a leading player in the pharmaceuticals and drugs industry, has recently reached an all-time high in its stock price on October 31, 2024. The company's stock has been performing well, with a current price that is only 0.76% away from its 52-week high of Rs 1307.95. This positive trend has been recognized by MarketsMOJO, who have given a 'Hold' rating for the stock.

On the day of the all-time high, Suven Pharma's stock touched an intraday high of Rs 1300, showing a 2.04% increase. The company's stock has also been consistently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance.

In comparison to the Sensex, Suven Pharmaceuticals has shown an impressive 1-year performance of 125.45%, while the Sensex has only grown by 24.26%. This showcases the company's strong growth and potential in the pharmaceuticals and drugs industry.

Suven Pharmaceuticals has been making strides in the industry with its innovative products and strong financial performance. With its recent all-time high in stock price, the company continues to be a top player in the largecap category. Investors can keep an eye on Suven Pharma as it continues to make waves in the market.
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