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Showing posts with the label Piramal Pharma

Stocks to buy today: Axis Bank, BEL among top 5 trading ideas for 1 April 2025

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[hfe_template id='11223'] [ad_1] Indian market is likely to trade lower on Tuesday, tracking muted global cues. The Nifty future closed negative with losses of 0.57% at 23,643 levels on Friday. On the options front, the maximum Call OI is placed at 24,500 and then towards 24,000 strikes while the maximum Put OI is placed at 23,500 and then towards 23,000 strikes. Call writing is seen at 23,600 and then towards 23,800 strikes, while Put writing is seen at 23,500 and then towards 23,300 strikes. “Options data suggests a broader trading range in between 23,000 to 24,000 zones while an immediate range between 23,300 to 23,700 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. Live Events “Nifty has started to form higher highs – higher lows from the last three weeks but some cool off and resistance was faced near 23,900 levels,” he said.“Now if Nifty manages to hold above 23,500 zones then bounce could be seen towards 23,750 then...

Piramal Pharma shares zoom 8% as JM Financial sets Rs 340 target

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[hfe_template id='11223'] [ad_1] Shares of Piramal Pharma soared 8.3% to their day’s high of Rs 272 on the BSE after the domestic brokerage firm JM Financial initiated coverage on the healthcare sector, citing the stock as its preferred pick with a target price of Rs 340. The target price stated by the domestic brokerage firm signals an upside potential of 35% for the stock from Monday’s closing price. “Piramal Pharma's differentiated offerings, global manufacturing presence and end-to-end capabilities set it apart from listed Indian CDMO peers. This will help it capitalise on the ongoing industry expansion,” said JM Financial in its report stating that the company’s CDMO business, its largest revenue segment, is the key to its outperformance. Piramal's CDMO business stands out among Indian peers with a 30:70 mix of CRO and CDMO, a global manufacturing presence across the US, UK, and India, and commercial capabilities spanning intermediates, APIs, and formulation...

Technical Breakout Stocks: How to trade Glenmark Pharma, Piramal Pharma and Suven Life on Monday - Market Summary

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