Alembic Pharmaceuticals Sees Revision in Its Score Amid Strong Stock Performance

Jan 06 2025 10:45 AM IST
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Alembic Pharmaceuticals Ltd. has seen a revision in its score following a strong performance, including a notable increase on January 6, 2025. The stock has been added to MarketsMojo's list, reflecting its consistent gains and resilience against market fluctuations. Analysts highlight its favorable position relative to key moving averages and sector performance.
Alembic Pharmaceuticals has recently experienced a notable adjustment in its evaluation, reflecting a positive shift in its stock performance. On January 6, 2025, the stock gained 3.35%, outperforming its sector by 3.96%. This marks a continuation of its upward trend, as Alembic Pharmaceuticals has recorded consecutive gains over the past two days, accumulating a total return of 3.86% during this period.

The stock reached an intraday high of Rs 1092.2, showcasing a 3.71% increase at its peak. In terms of moving averages, Alembic Pharmaceuticals is currently positioned higher than its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.

Additionally, Alembic Pharmaceuticals has been added to MarketsMOJO's list, indicating a recognition of its recent performance metrics. Over the past month, the stock has shown a modest gain of 0.53%, contrasting with the Sensex's decline of 3.47%. This performance underscores Alembic Pharmaceuticals' resilience in a challenging market environment.
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