Recent Price Movement and Market Comparison
On 24 November, Morepen Laboratories closed at ₹43.10, down by ₹0.91 or 2.07% from the previous session. This drop continues a downward trend, with the stock having fallen for eight consecutive days, resulting in an 8.57% loss over this period. The stock is trading close to its 52-week low, just 3.34% above the lowest price of ₹41.66 recorded during the past year. This proximity to the annual low signals persistent selling pressure and a lack of positive catalysts to reverse the trend.
When compared to the broader market, Morepen Laboratories has significantly underperformed. Over the past week, the stock declined by 6.77%, while the Sensex remained virtually flat with a marginal 0.06% gain. The one-month performance further ...
Read More









