Phaarmasia Ltd Faces Intense Selling Pressure Amid Significant Stock Price Declines

Feb 20 2025 10:35 AM IST
share
Share Via
Phaarmasia Ltd is experiencing significant selling pressure, marked by a continuous decline over five days, resulting in a substantial drop in its stock price. The company has underperformed compared to the Sensex, with notable losses over the past week, month, and year-to-date, reflecting a bearish market sentiment.
Phaarmasia Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced a notable decline, with a 4.98% drop in its stock price, significantly underperforming the Sensex, which fell by just 0.32%. This marks the fifth consecutive day of losses for Phaarmasia, during which it has plummeted 17.85%.

Over the past week, the stock has lost 17.85%, and its performance over the last month shows a staggering decline of 23.14%. Year-to-date, Phaarmasia has seen a decrease of 28.37%, contrasting sharply with the Sensex's decline of only 3.12%.

The stock opened with a gap down of 4.95% today and reached an intraday low of Rs 34.74. It has been trading in a narrow range of just Rs 0.01, indicating a lack of buying interest. Additionally, Phaarmasia is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting the prevailing bearish sentiment in the market. Factors contributing to this selling pressure may include broader market trends and sector-specific challenges within the pharmaceuticals and drugs industry.
{{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