The stock trades at fair valuations of 18x earnings and 3.4x sales. Despite the general market weakness, the pharmaceutical company stocks are close to all time highs. Alembic pharma's stock price could see decent upside in the coming months.
Very bullish Flag pattern created in monthly chart. took exact 0.5% support and zoom
prices moving in the uptrend channel target 1- 603 target 2- 609 target 3- 617 stop loss 626