Divi’s Laboratories Limited is an Indian producer of active pharmaceutical ingredients (APIs) and intermediates headquartered in Hyderabad, Telangana, India. The company manufactures and custom synthesizes generic APIs, intermediates and nutraceutical ingredients. The Company’s geographical segments include India (Sales to customers within India) and other countries (Sales to customers outside India).


Company Divi’s Laboratories Limited
Recommendation Accumulate (Rs.3560-RS.3580)
CMP Rs.3605.10
Stop Loss (SL) Rs.3400
Target Price Rs.3800-Rs.3950
Time Horizon 2-4 Weeks


Intermediate Long term trend is up in this stock. The stock has been in an uptrend making higher tops and higher bottom formation on the daily chart. The stock has given a breakout from a Rectangle Pattern on the Daily chart which is bullish in nature. Increase in volume and positive diversion from oscillator indicate that it can move higher from current levels so one can accumulate the stock between (Rs 3560-3580) With a stop loss of Rs. 3400  on closing basis and respected target seems Rs 3800-3950. Time frame should be 2-4 weeks.


Elite Wealth Advisors Limited does/does not do business with companies covered in its research reports. Investors should be aware that the Elite Wealth Advisors Limited may/may not have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as read more

For Daily Share Market Updates, Daily debt market review, Market Research Analysis reports, Weekly Techno-Funda Report, Fundamental Analysis Report, Monthly Recommended stock Picks, Equity Trading Tips, Upcoming IPO/NFO/Bonds/Ncd’s updates & other related information Subscribe our research plan