Why is Johnson Pharma falling/rising?
As of 04-September, Johnson Pharmacare Ltd's stock price is 0.79, down 1.25%, and has significantly underperformed with a year-to-date decline of 30.70%. Despite a recent short-term gain of 3.95%, its overall performance remains negative compared to the market benchmark.
As of 04-September, Johnson Pharmacare Ltd's stock price is currently at 0.79, reflecting a decrease of 0.01 or 1.25%. The stock has underperformed its sector by 1.65% today, and while it is higher than its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 10.28% compared to the 5-day average. Over the past month, the stock has decreased by 2.47%, and it has significantly underperformed on a year-to-date basis, showing a decline of 30.70%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Johnson Pharmacare's short-term performance over the past week shows a gain of 3.95%, which is considerably better than the Sensex's increase of 0.80%. However, the stock's longer-term performance is concerning, with a year-to-date decline of 30.70% compared to the Sensex's gain of 3.30%. This stark contrast indicates that while the stock may have had a brief period of recovery, its overall trajectory remains negative relative to the benchmark, contributing to investor caution and the recent decline in stock price.
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