Pharma stocks have shown mixed performance in today’s trading session, with some major players gaining ground while others face declines. As of now, here’s how key pharmaceutical stocks are performing:
Gainers:
- Granules India surged by 3.56%, trading at ₹599.75, showing strong upward momentum.
- Ajanta Pharma gained 2.24%, trading at ₹3,326.50.
- Divi’s Laboratories rose by 0.80%, currently at ₹5,467.05.
- Dr. Reddy’s Laboratories added 0.61%, trading at ₹6,790.00.
- Alkem Laboratories gained 0.50%, trading at ₹6,182.30.
- Aurobindo Pharma is up 1.48%, trading at ₹1,459.65.
- Torrent Pharmaceuticals increased by 0.66%, now at ₹3,392.10.
Decliners:
- JB Chemicals fell by 2.82%, trading at ₹1,783.15, making it one of the top decliners in the sector.
- Mankind Pharma dropped by 1.40%, trading at ₹2,542.90.
- Biocon declined by 1.81%, trading at ₹363.95.
- Natco Pharma is down by 1.16%, trading at ₹1,384.05.
- Abbott India slid by 0.87%, currently at ₹28,763.45.
- Zydus Lifesciences fell by 0.39%, trading at ₹1,076.15.
- Laurus Labs remained relatively flat, trading at ₹468.90 with a minor dip of 0.09%.
The pharma sector, typically considered defensive, is reacting to a mix of factors, including regulatory changes, global health trends, and company-specific developments. While some stocks like Granules and Ajanta Pharma have shown strength, others, including JB Chemicals and Mankind, have faced selling pressure.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Please consult a financial advisor before making any investment decisions.
Data as of the time of publishing this article.