Pharma stocks weekly roundup: Biocon leads with 9.08% gain, Torrent Pharma up 4.91%, Lupin dips 1.82%

The pharmaceutical sector experienced diverse movements during the week of November 25–29, 2024. Among the notable performers, Biocon Ltd led the gains with a significant surge of ₹30.35 (9.08%), closing at ₹364.75. Torrent Pharmaceuticals Ltd followed with a rise of ₹155.70 (4.91%), ending the week at ₹3,330.00. Meanwhile, Mankind Pharma Ltd saw a decline of ₹31.90 (1.23%), closing at ₹2,560.10.

Top Gainers

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  • Biocon Ltd: +₹30.35 (+9.08%) to ₹364.75.
  • Torrent Pharmaceuticals Ltd: +₹155.70 (+4.91%) to ₹3,330.00.
  • Cipla Ltd: +₹37.95 (+2.54%) to ₹1,532.00.
  • Divi’s Laboratories Ltd: +₹152.70 (+2.53%) to ₹6,183.25.

Weekly Performance Table

Stock Closing Price (₹) Weekly Gain/Loss (₹) Weekly Change (%)
Biocon Ltd 364.75 +30.35 +9.08
Torrent Pharmaceuticals Ltd 3,330.00 +155.70 +4.91
Cipla Ltd 1,532.00 +37.95 +2.54
Divi’s Laboratories Ltd 6,183.25 +152.70 +2.53
Glenmark Pharmaceuticals 1,528.10 +23.45 +1.56
Zydus Lifesciences 965.20 +14.95 +1.57
Aurobindo Pharma 1,258.20 +15.20 +1.22
Alkem Laboratories 5,635.75 +15.10 +0.27
Sun Pharmaceutical 1,784.00 -15.55 -0.86
Dr. Reddy’s Laboratories 1,202.45 -11.50 -0.95
Mankind Pharma Ltd 2,560.10 -31.90 -1.23
Lupin Ltd 2,052.00 -38.10 -1.82

Sector Highlights

  • Biocon Ltd emerged as the standout performer, benefiting from strong investor sentiment and sector-specific developments.
  • Torrent Pharmaceuticals Ltd continued its upward momentum, reflecting robust investor confidence.
  • On the downside, Mankind Pharma Ltd and Lupin Ltd faced declines amid subdued market activity in their counters.

The pharma sector displayed a mixed trend, with certain stocks outperforming and others facing headwinds. Investors may watch upcoming market developments and company-specific announcements for further insights.

Disclaimer:

This article is for informational purposes only and should not be interpreted as financial or investment advice. Readers are advised to consult with a professional financial advisor before making any investment decisions.