Glaxosmithkline Pharmaceuticals Shows Strong Resilience Amid Market Volatility

Feb 17 2025 09:35 AM IST
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Glaxosmithkline Pharmaceuticals has seen notable trading activity, with a significant stock increase and high volatility. Over the past two days, it has achieved a substantial total return, outperforming the broader market. The stock remains above several short-term moving averages, showcasing its resilience amid market challenges.
Glaxosmithkline Pharmaceuticals has experienced significant activity today, with the stock rising by 12.0% on February 17, 2025. This performance has notably outpaced the broader sector, outperforming it by 13.4%. The stock opened with a substantial gain of 11.01% and reached an intraday high of Rs 2281.05, reflecting a 13.05% increase at its peak.

Over the past two days, Glaxosmithkline Pharmaceuticals has shown a consecutive gain, accumulating a total return of 14.91%. The stock has exhibited high volatility today, with an intraday volatility rate of 36.72%, indicating significant price fluctuations throughout the trading session.

In terms of moving averages, the stock is currently positioned higher than its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. Over the past month, Glaxosmithkline Pharmaceuticals has delivered an 8.89% return, contrasting with a decline of 1.54% in the Sensex. This performance highlights the stock's resilience in a challenging market environment.
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