Themis Medicare Faces Significant Decline Amid Broader Market Bearish Sentiment

Themis Medicare, a small-cap player in the Pharmaceuticals & Drugs industry, has experienced a significant decline of 7.23% today, closing at Rs 118.8. This drop positions the stock just 0.63% above its 52-week low of Rs 118.05. The company's performance has notably underperformed the sector, lagging behind by 5.4%. In terms of moving averages, Themis Medicare is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has seen a steep decline of 21.10%, while its performance over the last month has plummeted by 29.24%. Year-to-date, Themis Medicare has faced a staggering drop of 55.03%. In the broader market context, the Sensex has also been on a downward trajectory, falling by 268.25 points to 73,835.58, and is currently 4.88% away from its own 52-week low. The overall market sentiment remains bearish, with the Sensex trading below its 50-day moving average.