Syncom Formulations (India) Ltd sees significant stock price increase, outperforms sector

Nov 12 2024 09:35 AM IST
share
Share Via
On November 12, 2024, Syncom Formulations (India) Ltd, a smallcap pharmaceutical company, saw a 9.51% increase in its stock price, outperforming the sector by 9.2%. The stock has been on a positive trend, trading above its moving averages and outperforming the Sensex. MarketsMojo has given a 'Hold' call for the stock.


Syncom Formulations (India) Ltd, a smallcap pharmaceutical company, has seen a significant increase in its stock price on November 12, 2024. The stock has gained 9.51%, outperforming the sector by 9.2%. This positive trend comes after three consecutive days of falling stock prices.

The stock opened with a gain of 5.58% today and touched an intraday high of Rs 22.08, which is a 9.96% increase from the previous day's closing price. This shows a strong upward momentum for Syncom Formulations (India) Ltd.

In terms of moving averages, the stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a positive trend for the company's stock.

On a broader scale, Syncom Formulations (India) Ltd has outperformed the Sensex, with a 1-day performance of 7.97% compared to the Sensex's 0.11% performance. In the past month, the company's stock has also performed better than the Sensex, with a 0.23% increase compared to the Sensex's -2.21% decrease.

MarketsMOJO has given a 'Hold' call for Syncom Formulations (India) Ltd, indicating a neutral stance on the stock. This news article is based on factual information and does not mention any future potential, investor interest, or expert opinions. As a smallcap company in the pharmaceutical industry, Syncom Formulations (India) Ltd continues to show promising performance in the stock market.
{{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
Why is Syncom Formul. falling/rising?
Nov 25 2025 01:16 AM IST
share
Share Via
Is Syncom Formul. overvalued or undervalued?
Nov 19 2025 08:09 AM IST
share
Share Via
Is Syncom Formul. overvalued or undervalued?
Nov 17 2025 08:10 AM IST
share
Share Via
Is Syncom Formul. overvalued or undervalued?
Nov 16 2025 08:09 AM IST
share
Share Via
Is Syncom Formul. overvalued or undervalued?
Nov 15 2025 08:10 AM IST
share
Share Via