Why is Novartis India falling/rising?

Aug 08 2025 09:57 PM IST
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As of 08-Aug, Novartis India Ltd's stock price is at 921.75, down 1.4%, with a recent downward trend reflected in a 1-week return of -4.70% and a 1-month return of -11.79%. The stock is underperforming compared to the Sensex, indicating negative investor sentiment.
As of 08-Aug, Novartis India Ltd's stock price is currently at 921.75, reflecting a decrease of 13.05 points or 1.4%. The stock has shown a downward trend recently, with a 1-week return of -4.70% and a 1-month return of -11.79%. Today's trading saw the stock reach an intraday high of Rs 955, but it also touched a low of Rs 915.9. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, while there has been a notable increase in investor participation with a delivery volume rise of 207.66% against the 5-day average, the absence of specific positive or negative factors makes it challenging to pinpoint the exact reasons for the stock's recent movement.

In the broader market context, Novartis India’s performance has been underwhelming compared to the benchmark Sensex, which has only declined by 0.92% over the same week. The stock's year-to-date performance is slightly positive at +0.21%, but it has significantly lagged behind the Sensex's +2.20% return. Over the past year, Novartis India has experienced a decline of 19.29%, while the Sensex has gained 1.23%. This stark contrast in performance suggests that investor sentiment towards Novartis India is currently negative, contributing to its falling stock price amidst a generally stable market environment.
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