Sun Pharmaceutical Industries share price closes at ₹1,849.90; falls 0.81% on September 24

Key Takeaways:

• Sun Pharmaceutical Industries ended at ₹1,849.90, down ₹15.10 or 0.81%, only ₹1.90 above the ₹1,848 session low. 
• The close was below the 50-day and 100-day DMAs but remained ₹24.40 above the 200-day DMA of ₹1,825.50. 
• Six-month and one-year returns remained positive at 5.20% and 13.41%, while one-month and three-month performance was negative. 

Sun Pharmaceutical Industries share price finished September 24 at ₹1,849.90, down ₹15.10 or 0.81%. The previous close was ₹1,865. The stock opened at ₹1,859, rose to ₹1,880 and fell to ₹1,848. The session range was ₹32, and the final price finished only ₹1.90 above the low and ₹30.10 below the high. 

Trading volume reached 1,854,109 shares, and market capitalisation stood at ₹443,853 crore. The stock closed ₹9.10 below its opening price and spent the end of the session much closer to the lower boundary than the upper one. 

The 50-day DMA stood at ₹1,892, leaving a ₹42.10 gap above the close. The 100-day DMA was ₹1,871.50, or ₹21.60 higher. The 200-day DMA, by contrast, stood below the close at ₹1,825.50. Sun Pharma therefore finished ₹24.40 above that longer moving average. 

Its 52-week range extended from ₹1,548 to ₹2,047. At ₹1,849.90, the closing price was ₹301.90 above the annual low and ₹197.10 below the high. The entire annual range measured ₹499. 

Return periods shifted from negative shorter-term readings to positive longer ones. One month stood at -2.76% and three months at -0.97%. Six months was 5.20%, while one year reached 13.41%. The one-year figure exceeded the six-month reading by 8.21 percentage points. 

The 100-day DMA was the nearest of the three moving-average references at ₹21.60 above the close, closely followed by the 200-day DMA at ₹24.40 below it. The daily low was much nearer, just ₹1.90 from the finish. This left the September 24 closing price between the 100-day and 200-day averages while sitting almost at the bottom of the intraday range.