Divis Laboratories Shows Signs of Trend Reversal Amid Broader Market Fluctuations

Jan 14 2025 01:15 PM IST
share
Share Via
Divis Laboratories experienced a notable increase on January 14, 2025, following four days of decline, suggesting a potential trend reversal. The stock outperformed its sector and the broader market, with significant gains and a favorable position relative to various moving averages over different time frames.
Divis Laboratories, a key player in the pharmaceuticals and drugs sector, saw a notable increase of 3.16% on January 14, 2025, allowing it to outperform its sector by 1.4%. This uptick comes after a series of four consecutive days of decline, indicating a potential trend reversal.

During the trading session, the stock reached an intraday high of Rs 5885.6, reflecting a gain of 2.34%. An analysis of moving averages shows that Divis Laboratories is currently positioned above its 5-day, 100-day, and 200-day moving averages, while it remains below its 20-day and 50-day moving averages.

In the context of broader market performance, Divis Laboratories recorded a 1-day gain of 3.36%, significantly outperforming the Sensex, which rose by only 0.26%. Over the past month, the stock has shown a modest increase of 0.98%, contrasting with the Sensex's decline of 6.82%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News