TraderRahulPal

India's 4th largest pharma company has given breakout..

Long
NSE:MANKIND   MANKIND PHARMA LTD
Hello Guy's i hope you all will be doing good in your life and your trading as well. I have brought another stock which has given breakout of small rectangle pattern on daily timeframe. Company has good management with proven profits making record, it is 4th Consumer Healthcare brands Market ranked #1 in their categories. Mankind is present in several acute and chronic therapeutic areas in India, including anti-infectives, cardiovascular, gastrointestinal, anti-diabetic, neuro/CNS, vitamins/minerals/nutrients, and respiratory.

If i talk about technicals, stock has given small Rectangle pattern breakout and stock has came down to retest the levels.
Indicators like MACD and RSI start giving bullish crossover,
Price is above 200-DEMA. All is indicating bullish reversal in stock.

There is higher chances we can see good bullish momentum in near term. Stock is good for investment like short term to medium term. And one more thing, if anybody wants to consider this stock as long term, then it is absolutely good for that, even i will suggest to do SIP in this.

Market Cap
₹ 92,165 Cr.
Current Price
₹ 2,301
High / Low
₹ 2,375 / 1,241
Stock P/E
55.8
Book Value
₹ 216
Dividend Yield
0.00 %
ROCE
20.7 %
ROE
17.0 %
Face Value
₹ 1.00
Industry PE
32.8
Debt
₹ 9.74 Cr.
EPS
₹ 41.2
Promoter holding
76.5 %
Intrinsic Value
₹ 851
Pledged percentage
0.00 %
EVEBITDA
38.6
Change in Prom Hold
0.00 %
Profit Var 5Yrs
11.9 %
Sales growth 5Years
15.7 %
Return over 5years
%
Debt to equity
0.00
Net profit
₹ 1,650 Cr.
ROE 5Yr
21.6 %
Profit growth
39.3 %

Disclaimer:-
Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Thankyou.


Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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