Why is Shelter Pharma falling/rising?

Jul 23 2025 11:06 PM IST
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As of 23-Jul, Shelter Pharma Ltd's stock price is Rs 45.00, up 2.51% today after two days of decline, with a weekly increase of 2.04% but a year-to-date drop of 19.34%. The stock is currently above several moving averages, indicating a potential shift in momentum despite underperforming the broader market year-to-date.
As of 23-Jul, Shelter Pharma Ltd's stock price is currently at Rs 45.00, reflecting an increase of Rs 1.1 or 2.51%. The stock has shown a positive trend today, gaining after two consecutive days of decline and outperforming its sector by 2%. It opened with a gain of 2.51% and reached an intraday high of Rs 45, although it also experienced a low of Rs 42.05 during the day. Over the past week, the stock has risen by 2.04%, and over the past month, it has increased by 16.88%, despite a year-to-date decline of 19.34%. The rising investor participation, indicated by a 56.25% increase in delivery volume compared to the five-day average, suggests a growing interest in the stock, although there is no specific information available regarding positive or negative factors impacting its recent movement.

Broader market context shows that while Shelter Pharma has outperformed the Sensex in the short term, with a 1-week return of 2.04% compared to the Sensex's 0.11%, it has underperformed on a year-to-date basis, with a decline of 19.34% against the Sensex's gain of 5.87%. This contrast highlights the stock's recent recovery amidst a broader market that has been performing relatively well. The stock's moving averages indicate that it is currently above the 5-day, 20-day, 50-day, and 100-day moving averages but remains below the 200-day moving average, suggesting a potential shift in momentum.
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