Why is Mono Pharmacare falling/rising?

Jul 04 2025 10:42 PM IST
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As of 04-Jul, Mono Pharmacare Ltd's stock price is currently at 26.45, reflecting a 3.12% increase today. Despite recent short-term gains, the stock has underperformed year-to-date, declining 23.67% compared to the Sensex's 7.68% increase.
As of 04-Jul, Mono Pharmacare Ltd's stock price is rising, currently at 26.45, reflecting an increase of 0.8 or 3.12%. The stock has shown a strong performance today, outperforming its sector by 2.61%. In terms of returns, the stock has increased by 7.96% over the past week and 9.07% over the past month, while it remains lower than its 200-day moving average. However, there has been a notable decline in investor participation, with delivery volume dropping by 23.08% compared to 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 indicates that while Mono Pharmacare has performed well in the short term, it has underperformed on a year-to-date basis, with a decline of 23.67% compared to a 7.68% increase in the Sensex. This suggests that despite the recent uptick in price, the stock is still facing challenges in the broader market environment. The stock's performance over the last week and month contrasts sharply with the benchmark, which has seen a slight decline over the past week, indicating that Mono Pharmacare is gaining traction even as the overall market experiences some downturn.
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