JHS Svendgaard Laboratories Shows Significant Rebound Amid FMCG Sector Challenges

Apr 01 2025 01:00 PM IST
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JHS Svendgaard Laboratories Ltd has gained attention by reaching its upper circuit limit at Rs 11.73, following a trend reversal after three days of decline. The stock's trading volume was approximately 0.27767 lakh shares, indicating a notable rebound in its trading activity within the FMCG sector.
JHS Svendgaard Laboratories Ltd, a microcap player in the FMCG sector, has made headlines today by hitting its upper circuit limit with a high price of Rs 11.73. The stock experienced a notable change of Rs 0.47, reflecting a percentage increase of 4.2%. This performance comes after a trend reversal, as the stock has gained following three consecutive days of decline.

The trading session saw a total volume of approximately 0.27767 lakh shares, resulting in a turnover of Rs 0.032 crore. The last traded price (LTP) stood at Rs 11.65, indicating a solid performance against the backdrop of a sector that has underperformed, with JHS Svendgaard outperforming its sector by 5.52%.

Despite trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, the stock's liquidity remains adequate for trading, with a delivery volume of 52,950 shares noted on March 28, although this reflects a decline of 37.61% compared to the 5-day average.

Overall, JHS Svendgaard Laboratories Ltd's performance today highlights a significant rebound, marking a positive shift in its trading activity within the FMCG industry.
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