Vivo Bio Tech Experiences Revision in Its Score Amid Strong Market Performance

Jan 07 2025 09:35 AM IST
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Vivo Bio Tech has recently seen a revision in its score, reflecting its strong performance in the pharmaceuticals sector. The stock has been added to MarketsMojo's list, following a notable increase in value and consistent gains over the past few days, outperforming both its sector and the broader market.
Vivo Bio Tech Experiences Revision in Its Score Amid Strong Market Performance
Vivo Bio Tech, a microcap player in the Pharmaceuticals & Drugs industry, has recently made headlines as it reached a new 52-week high of Rs. 56.9. This milestone, achieved on January 7, 2025, marks a significant moment for the company, which has shown robust performance in the market.
In today's trading session, Vivo Bio Tech outperformed its sector by 4.73%, continuing a positive trend with three consecutive days of gains, resulting in a remarkable 38.45% increase over this period. The stock opened with a notable gain of 11.09%, reflecting strong market activity. Additionally, it reached an intraday high of Rs. 56.9, showcasing a 14.93% increase during the day. Vivo Bio Tech's performance over the past year has also been commendable, with a return of 12.49%, surpassing the Sensex's performance of 8.81%. In light of these developments, MarketsMOJO has made an adjustment in its evaluation of Vivo Bio Tech, adding the stock to its list, indicating a shift in its score. The company is currently trading above its key moving averages, further highlighting its strong market position.
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