Why is Johnson Pharma falling/rising?
As of 28-Jul, Johnson Pharmacare Ltd is priced at 0.83, with a recent decline of 2.35% over the past week and 4.60% over the past month, indicating a bearish trend. The stock has significantly underperformed compared to the Sensex, with a year-to-date drop of 27.19%.
As of 28-Jul, Johnson Pharmacare Ltd is currently priced at 0.83, showing no change (0.00%). The stock has underperformed in the short term, with a 1-week decline of 2.35% and a 1-month decline of 4.60%. It is also trading lower than its moving averages across various time frames, indicating a bearish trend. The stock is close to its 52-week low, just 2.41% away from Rs 0.81. However, there has been a slight increase in investor participation, with delivery volume rising by 0.83% against the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader Market Context: In comparison to the benchmark Sensex, which has seen a decline of 1.59% over the past week and 3.77% over the past month, Johnson Pharma's performance has been notably worse. The stock's year-to-date performance shows a significant drop of 27.19%, contrasting sharply with the Sensex's gain of 3.52%. This underperformance relative to the benchmark suggests that broader market conditions may not be favorable for Johnson Pharmacare Ltd, contributing to its declining stock price.
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