Why is Johnson Pharma falling/rising?
As of 09-Sep, Johnson Pharmacare Ltd's stock price is Rs 0.77, down 1.28%, and has fallen for two consecutive days. The stock is underperforming compared to the market, trading below all key moving averages and nearing its 52-week low, with a year-to-date decline of 32.46%.
As of 09-Sep, Johnson Pharmacare Ltd's stock price is currently at Rs 0.77, reflecting a decrease of Rs 0.01 or 1.28%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 2.53%. It is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish sentiment. Additionally, the stock is close to its 52-week low, just 2.6% away from Rs 0.75. Despite this, there has been a rise in investor participation, with delivery volume increasing by 7.64% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.In the broader market context, Johnson Pharmacare's performance over the past week shows a decline of 3.75%, while the benchmark Sensex has gained 1.18%. This stark contrast highlights the stock's underperformance relative to the market. Year-to-date, Johnson Pharmacare has experienced a significant decline of 32.46%, while the Sensex has risen by 3.79%. The stock's long-term performance also reflects challenges, with a 1-year decline of 38.89% compared to a slight decrease of 0.56% in the Sensex. Overall, the stock's recent price movement appears to be influenced by its weak performance metrics and the broader market's positive trends.
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