Why is Kwality Pharma falling/rising?
As of 26-Sep, Kwality Pharmaceuticals Ltd's stock price is Rs 903.00, down 4.03%, and has underperformed for three consecutive days with a total decline of 7.01%. The stock is significantly lagging behind the broader market, with a 9.97% drop over the past month compared to a 0.45% decline in the Sensex.
As of 26-Sep, Kwality Pharmaceuticals Ltd is experiencing a decline in its stock price, currently at Rs 903.00, which reflects a decrease of Rs 37.95 or 4.03%. The stock has been underperforming, having fallen for three consecutive days with a total decline of 7.01% during this period. Today's performance indicates that it underperformed its sector by 1.69%, and it traded lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock touched an intraday low of Rs 885.1, and there has been a significant drop in investor participation, with delivery volume falling by 39.62% compared to the 5-day average. Unfortunately, there is no information available regarding positive or negative factors impacting the stock.Broader market context shows that over the past week, Kwality Pharmaceuticals has declined by 5.73%, while the Sensex has only decreased by 2.66%, indicating a notable underperformance relative to the benchmark. In the short term, the stock's performance over the last month shows a decline of 9.97%, contrasting with the Sensex's minimal drop of 0.45%. This suggests that the stock is not only facing challenges specific to the company but is also lagging behind the broader market trends.
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