Pfizer continues significant uptrend; increases 1.6%
Pfizer Ltd. (NSE: PFIZER), India's 13th largest Pharmaceuticals company by market cap, has increased Rs65.50 (1.6%) from its previous trading session to close at Rs4,074.05. Compared with the BSE SENSEX Index which rose 136.9 points (0.3%) in the day, the relative price increase was 1.3%. There were 51,178 shares worth Rs208.8 million (US$3 million) traded today. The rise has been propped up by the Pfizer continues significant uptrend; increases 1.6%
Pfizer Ltd. (NSE:PFIZER), India's 13th largest Pharmaceuticals company by market cap, has increased Rs65.50 (1.6%) from its previous trading session to close at Rs4,074.05. Compared with the BSE SENSEX Index which rose 136.9 points (0.3%) in the day, the relative price increase was 1.3%. There were 51,178 shares worth Rs208.8 million (US$3 million) traded today. The rise has been propped up by high volume of 1.9 times the average daily volume of 26,552 shares.
Technical indicators complementing today's significant uptrend:
+ The positive 213.78 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
+ The stock has outperformed 94% of the Indian market over the past 6 months.
+ In the last one month the stock has hit a new 52-week high seven times and in the last three months five times, pointing to an uptrend.
+ The price soared 16.6% in the last week and 26.8% in the last month.
+ The present value of Rs1,000 invested one year ago is Rs1,417 [vs Rs1,151 for the BSE SENSEX Index].