Syngene International Shows Resilience Amid Market Challenges with Mixed Performance Trends

Jan 23 2025 03:15 PM IST
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Syngene International experienced a gain on January 23, 2025, yet lagged behind its sector performance. The stock shows a mixed trend in moving averages, being above some while below others. Over the past month, it has outperformed the Sensex, highlighting its resilience amid market fluctuations.
Syngene International, a key player in the Pharmaceuticals & Drugs sector, saw a notable gain of 3.62% on January 23, 2025. However, this increase still placed the company behind its sector performance by 1.37%.

In terms of moving averages, the stock is currently above its 5-day and 200-day averages, but below the 20-day, 50-day, and 100-day averages, indicating a mixed trend in its short to medium-term performance.

Over the past month, Syngene International has achieved a gain of 2.16%, contrasting with a decline of 2.58% in the Sensex. This performance underscores the company's resilience amid broader market challenges, although it continues to experience fluctuations relative to market indices.
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