STOCK REPORT
Zydus Wellness Limited (NSE:ZYDUSWELL), India's 5th largest Packaged foods company by market cap, traded at its 27-day low of Rs1,427.20. Zydus Wellness' stock price has decreased Rs11.0 (0.8%) from its previous trading session to close at Rs1,438.05. Compared with the BSE SENSEX Index which fell 788.0 points (1.9%) in the day, the relative price increase was 0.8%. The volume was 0.3 times the average daily trading volume of 19,538 shares. There were 6,103 shares worth Rs8.8 million (US$122,514) traded today. Today the stock traded between its three-day high of Rs1,473.95 and 27-day low of Rs1,427.20.
The price to 50-day EMAP ratio is 0.9, a bearish indicator. In the past 200 days this ratio has been under 0.9 20 times suggesting further downside. The 50-day EMAP has decreased to Rs1,521.81. A decrease is another bearish indicator.
+ The price to 200-day MAP ratio is 1.0. In the past 200 days this ratio has been under 1.0, 54 times suggesting downside. The 200-day MAP has decreased to Rs1,437.86. A decrease is another bearish indicator.