Neuland Laboratories Faces Consecutive Losses Amid Broader Market Decline

Jan 28 2025 10:30 AM IST
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Neuland Laboratories, a midcap pharmaceutical company, saw its stock decline significantly on January 28, 2025, underperforming against its sector. The stock has faced consecutive losses over four days, with a notable drop in its one-month performance compared to the broader market, indicating ongoing challenges.
Neuland Laboratories, a midcap player in the Pharmaceuticals & Drugs sector, has experienced a notable decline today, with its stock price dropping by 5.57% on January 28, 2025. This performance marks a significant underperformance compared to the sector, which has seen a decrease of 2.59%. Over the past four days, Neuland Laboratories has faced consecutive losses, totaling an 8.05% decline during this period.

The stock reached an intraday low of Rs 12,683.35, reflecting a decrease of 5.82%. In terms of moving averages, the stock is currently positioned higher than its 200-day moving average but falls short of its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a mixed trend in short-term performance.

In the broader market context, Neuland Laboratories' one-month performance shows a decline of 7.26%, while the Sensex has decreased by 3.73%. These metrics highlight the challenges faced by the company in the current market environment.
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