Pharma sector stocks performance: Ipca Labs gains 1.23%, Biocon up 0.84%, Sun Pharma and Torrent Pharma slip over 1%

Pharma sector stocks displayed a mixed trend as of 10:33 AM. Ipca Labs led the gainers with a 1.23% rise, followed by Biocon at 0.84% and Dr. Reddy’s at 0.65%. On the downside, Sun Pharma (-1.15%), Aurobindo Pharma (-1.15%), and Torrent Pharma (-1.48%) were among the major losers.

Table of Performances (as of 10:33 AM):

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Stock CMP (₹) Change (₹) Change (%)
Ipca Labs 1,713.75 +20.80 +1.23%
Biocon 371.90 +3.10 +0.84%
Dr. Reddy’s 1,377.90 +8.90 +0.65%
Abbott India 30,130.00 +109.95 +0.37%
Mankind 2,890.85 +9.80 +0.34%
Cipla 1,534.10 +5.00 +0.33%
Glaxo 2,237.55 +5.45 +0.24%
Lupin 2,360.65 -4.25 -0.18%
Zydus Life 969.75 -4.05 -0.42%
Alkem 5,519.30 -51.70 -0.93%
Divi’s Lab 6,016.20 -56.80 -0.94%
Glenmark 1,598.10 -16.40 -1.02%
Sun Pharma 1,868.15 -21.80 -1.15%
Auro Pharma 1,337.65 -15.60 -1.15%
Torrent Pharma 3,368.00 -50.55 -1.48%

Key Insights:

  • Ipca Labs outperformed the sector with a 1.23% gain, attributed to positive market sentiment.
  • Biocon and Dr. Reddy’s followed suit, adding 0.84% and 0.65% respectively.
  • On the flip side, Torrent Pharma led the losers, shedding 1.48%.
  • Sun Pharma and Aurobindo Pharma both lost 1.15% amidst a broader market weakness in the pharma sector.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always consult a professional financial advisor before making any investment decisions.