STRIDES PHARMA Share Analysis
Good results may help this stock to break the long consolidation.
Buy STRIDES PHARMA AROUND Rs . 480-555 for The Targets of Rs . 650 – 770.
Stoploss- 435.
Technical analysis
MOVING AVERAGES
| Name | Action |
|---|---|
| Exponential Moving Average (5) | Bullish |
| Simple Moving Average (5) | Bullish |
| Exponential Moving Average (10) | Bullish |
| Simple Moving Average (10) | Bullish |
| Exponential Moving Average (20) | Bullish |
| Simple Moving Average (20) | Bullish |
| Exponential Moving Average (30) | Bullish |
| Simple Moving Average (30) | Bullish |
OSCILLATORS
| Name | Action |
|---|---|
| Relative Strength Index (14) | Neutral |
| Stochastic %K (14, 3, 3) | Neutral |
| Commodity Channel Index (20) | Neutral |
| Average Directional Index (14) | Neutral |
| Awesome Oscillator | Neutral |
| Momentum (10) | Sell |
| MACD Level (12, 26) | Sell |
About: Strides Pharma Science Ltd.
Sector:- Health Technology
Industry:- Pharmaceuticals
Employees:- 4400+
Strides Pharma is a global pharmaceutical company major focus on development and manufacture of IP-led niche finished dosage formulations. Strides Pharma is also among the world’s largest manufacturers of soft gelatin capsules. With world-class manufacturing facilities, an innovative R&D hub in Bangalore, India with global filing capabilities and a strong footprint across 100 countries, Strides Pharma has earned a reputation for building and scaling profitable businesses in a short span of time. Headquartered in India, Incorporated in 1990.
Strengths
| New 52 Week High | Growth in Net Profit with increasing Profit Margin |
| Companies with rising net profit margins |
Weaknesses
| Companies with High Promoter Pledge | Promoter decreasing their shareholding |
Share Holding Pattern in (%)
| Standalone | June 2020 | March 2020 | December 2019 | September 2019 | |
|---|---|---|---|---|---|
| Promoters | 29.71 | 31.27 | 31.28 | 31.28 | |
| Pledged | 46.84 | 50.93 | 48.2 | 51.29 | |
| FII/FPI | 26.78 | 28.8 | 27.16 | 25.27 | |
| Total DII | 28.64 | 26.96 | 28.41 | 29.71 | |
| Fin.Insts | 3.73 | 3.78 | 3.76 | 3.79 | |
| Insurance Co | 0 | 0 | 0 | 0 | |
| MF | 15.64 | 15.08 | 16.29 | 17.24 | |
| Others DIIs | 9.27 | 8.1 | 8.36 | 8.68 | |
| Others | 14.86 | 12.97 | 13.15 | 13.74 | |
| Total | 99.99 | 100 | 100 | 100 |
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