SMS Pharmaceuticals Faces Continued Decline Amid Broader Sector Weakness

Jan 28 2025 11:15 AM IST
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SMS Pharmaceuticals' stock has declined significantly, dropping 7.68% on January 28, 2025, and experiencing a total loss of 12.19% over three days. The company is trading below its moving averages and has seen a 21.46% decrease over the past month, indicating ongoing market challenges.
SMS Pharmaceuticals has experienced a significant decline today, with its stock price dropping by 7.68% on January 28, 2025. This performance marks a notable underperformance compared to the broader pharmaceuticals and drugs sector, which has seen a decrease of 3.06%. Over the past three days, SMS Pharmaceuticals has faced consecutive losses, totaling a decline of 12.19%.

The stock opened the day with a gap down, starting at a loss of 3.61%. During intraday trading, it reached a low of Rs 184.5, reflecting a decrease of 7.4%. Currently, SMS Pharmaceuticals is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.

In terms of longer-term performance, SMS Pharmaceuticals has seen a decline of 21.46% over the past month, contrasting with the Sensex, which has decreased by 3.51%. This trend highlights the challenges faced by the company within the current market environment.
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