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Neat and Clean Breakout seen in Pharmaceuticals companyHello Everyone, i hope you all will be doing good. I have brought an analysis on Pharmaceuticals stock which has given neat and clean short term consolidation zone breakout. Stock name is Alembic Pharmaceuticals and it is in the business of development, manufacturing, and marketing of Pharmaceuticals products i.e. Formulations and Active Pharmaceutical Ingredients. Leading Pharma company:- The company has 3 R&D and 5 manufacturing facilities. Alembic is among the top 25 players in domestic formulations market. The company has a portfolio of about 200 formulation brands, of which three are among the top 300 domestic formulation brands in India. It has a share of 1.5% in the domestic market. Market Share:- The company has 1.5% share of the Indian Pharma market with 4 brands with revenue of Rs.1 bn. Its products like Roxid has ~95% market share, Althrocin (~90%), Deltone (~67%), Gerijoint (~50%), Elata (~50%) etc. Prescription wise Alembic ranks at 18th Position. Technically stock has given breakout of short term consolidation breakout of Rectangle pattern with good volume, there is higher probability that we can see this stock towards 1500+ in short term and 2500+ in long term. Stock is above 200-DEMA, and MACD Indicator is showing bullish crossover. Volume indicator is suggesting huge bullishness in coming few months. Market Cap ₹ 21,237 Cr. Current Price ₹ 1,080 High / Low ₹ 1,119 / 682 Stock P/E 34.6 Book Value ₹ 245 Dividend Yield 1.02 % ROCE 13.1 % ROE 13.3 % Face Value ₹ 2.00 Industry PE 34.6 Debt ₹ 513 Cr. EPS ₹ 31.3 Promoter holding 69.6 % Intrinsic Value ₹ 490 Pledged percentage 0.00 % EVEBITDA 22.6 Change in Prom Hold 0.00 % Profit Var 5Yrs 1.07 % Sales growth 5Years 9.62 % Return over 5years 16.0 % Debt to equity 0.11 Net profit ₹ 616 Cr. ROE 5Yr 15.9 % Profit growth 77.2 % Earnings yield 3.17 % Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:APLLTDLong
by TraderRahulPal
India's 4th largest pharma company has given breakout..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. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
Editors' picks
NSE:MANKINDLong
by TraderRahulPal
2
Are you ready to get Next 1000% Returns from this Solar Stock?Hello everyone, i hope you all will be doing good in your life and your trading as well. I have brought brought a stock from renewables energy which manufacturing of low-iron solar glass for application in photovoltaic panels, Flat plate collectors and Green houses. It is the first and the only producer of solar glasses in the country. If i talk about Manufacturing capabilities company has grown by over 7.5 times in the last five years, from a manufacturing capacity of 180 tons per day in 2018 to 1350 tons per day in 2023 (including the German acquisition). Overall Company has given more than 1500% returns since IPO came, and this will continue to like this in future as well. I think everyone should think for long term in it or better do sip in this futuristic business stock. Govt. also encouraging families to put solar in rural and urban areas so as demand is increasing, company can grow in multifolds. so again this is best time to enter for long term as well as short term to medium term. Stock has given breakout of Rectangle Pattern and price has come to retest the levels. Everything supported by huge volume spike on weekly chart, MACD indicator also has given bullish crossover on weekly timeframe. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
Editors' picks
NSE:BORORENEWLong
by TraderRahulPal
19