Why is Johnson Pharma falling/rising?
As of 16-Sep, Johnson Pharmacare Ltd is priced at 0.78 with no change, underperforming its sector and trading below all moving averages, indicating a bearish trend. The stock has declined 31.58% year-to-date and is close to its 52-week low, reflecting significant challenges in the broader market.
As of 16-Sep, Johnson Pharmacare Ltd is currently priced at 0.78, showing no change (0.00%). The stock has recently underperformed against the sector, despite a slight positive performance today, outperforming the sector by 0.25%. It is trading below all its moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, being only 3.85% away from Rs 0.75. The delivery volume has also decreased significantly, falling by 16.07% compared to the 5-day average, suggesting a decline in investor participation. Year-to-date, the stock has dropped by 31.58%, while its performance over the past year shows a decline of 32.76%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.Broader market context indicates that the stock's short-term performance over the past week has increased by 1.30%, which is lower than the benchmark Sensex's gain of 1.58%. Over the past month, both the stock and the benchmark have shown positive returns, but the stock's performance remains significantly lower year-to-date and over the past year compared to the Sensex. The stark contrast in long-term returns, with the stock down 31.58% year-to-date versus the Sensex's gain of 5.43%, highlights the challenges Johnson Pharmacare Ltd is facing in the broader market environment.
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