Neuland Laboratories Outperforms Market Amid Broader Sensex Decline, Signaling Strong Momentum
Neuland Laboratories, a midcap pharmaceutical company, experienced notable gains on March 28, 2025, outperforming the broader market despite a decline in the Sensex. The stock has shown a strong upward trend recently, achieving significant returns over various time frames, including a substantial increase over the past year.
Neuland Laboratories, a midcap player in the Pharmaceuticals & Drugs industry, has shown significant activity today, gaining 5.09% on March 28, 2025. This performance marks a notable outperformance against the broader market, as the Sensex has dipped by 0.14%. Over the past two days, Neuland Laboratories has demonstrated a strong upward trend, accumulating a total return of 12.99%.The stock reached an intraday high of Rs 12,793, reflecting a 6.43% increase at its peak. In terms of moving averages, Neuland Laboratories is currently positioned above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average.
Looking at broader market trends, the Sensex opened positively but has since fallen, with small-cap stocks leading the market with a 0.56% gain. Neuland Laboratories has outperformed the Sensex over various time frames, including a remarkable 101.10% increase over the past year and an impressive 1112.26% rise over the last three years.
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