Panacea Biotec Faces Trading Challenges Amid Declining Investor Participation and Volatility

Mar 24 2025 12:00 PM IST
share
Share Via
Panacea Biotec Ltd faced notable trading activity today, hitting its lower circuit limit with a last traded price of Rs 425.4. The stock saw a decline over the past two days, despite earlier gains, and experienced reduced investor participation, with a significant drop in delivery volume.
Panacea Biotec Ltd, a small-cap player in the Pharmaceuticals & Drugs industry, experienced significant trading activity today as the stock hit its lower circuit limit. The last traded price stood at Rs 425.4, reflecting a decline of Rs 22.35 or 4.99% from the previous close. The stock's performance today has underperformed its sector by 5.62%, marking a consecutive fall over the last two days with a total decline of 5.62% during this period.

Intraday, Panacea Biotec reached a high of Rs 458.3 before dropping to a low of Rs 425.4. The total traded volume was approximately 1.07 lakh shares, resulting in a turnover of around Rs 4.67 crore. Notably, the stock opened with a gain of 2.29% earlier in the day but could not sustain this momentum.

Despite trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, investor participation has waned, with delivery volume decreasing by 72.11% compared to the 5-day average. Overall, Panacea Biotec's performance today reflects a challenging market environment, with liquidity remaining adequate for trading.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News