Lactose (India) Ltd Achieves 5% Gain Amid Broader Market Decline
Today, Lactose opened with a gap up of 4.06% and reached an intraday high of Rs 101. The stock has maintained this price level throughout the trading session. Despite its recent gains, Lactose's performance over the past month shows a decline of 5.07%, while the Sensex has increased by 4.39%.
In terms of moving averages, Lactose is currently above its 5-day moving average but below the 20-day, 50-day, 100-day, and 200-day moving averages. The Pharmaceuticals & Drugs sector has also seen positive momentum, gaining 3.59%, which may contribute to the buying pressure observed in Lactose (India) Ltd.
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