Bandhan Bank Ltd offers a comprehensive range of banking services, focusing on micro and general banking through various asset and liability products. The bank operates in four main segments: Treasury (investments in sovereign securities and trading), Retail Banking (loans, liability products, card services, digital banking, ATM, and NRI services), Corporate/Wholesale Banking (corporate relationships), and Other Banking Business (para-banking activities). The majority of the bank’s revenue comes from Retail Banking.
Previous Close
208.18
TTM EPS
13.84
52 Week High
263.10
TTM PE
15.12
52 Week Low
169.15
P/B
1.72
Sector PE
19.04
Mkt Cap (Rs. Cr.)
33,706
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
Rounding pattern breakout on the daily time frame and trend line breakout on the weekly time frame provided by BANDHAN BANK signalled a strong price reversal with above-average volumes.
The stock closed above the 100 and 200 DEMA following a brief 20-week price decline. The stock is higher on average, as shown by its trading above most of the DEMA.
The momentum indicator, RSI (14) has nearly persisted at the 55 mark after emerging from a rounding pattern formation. The MACD line crosses over its signal line, indicating a change in momentum.
Natco Pharma Ltd is a leading drug manufacturing company dedicated to making specialty medicines accessible by producing niche pharmaceutical products supported by robust research and development. While the majority of its revenue comes from India, Natco is expanding internationally to seize growth opportunities. The company has a strong presence in the Oncology and Hepatology treatment areas, with its active pharmaceutical ingredient (API) segment being central to its business. Natco operates in two main segments: pharmaceuticals and agrochemicals. Within the pharmaceutical segment, sales are driven by Finished Dosage Forms and Active Pharmaceutical Ingredients.
Previous Close
1,174.30
TTM EPS
77.51
52 Week High
1,259.45
TTM PE
15.49
52 Week Low
621.00
P/B
5.34
Sector PE
40.95
Mkt Cap (Rs. Cr.)
21,504
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
NATCO PHARMA ended above 1150 levels, indicating a bullish breakout, and confirmed a 7-year consolidation breakout.
The fact that the stock is trading above the 10, 20, and 50 DEMA validates the general bullish outlook.
The weekly trendline of the momentum indicator, RSI (14) has broken out, forming a double bottom pattern with a base near the 57 mark.
The MACD is rising and holding above its polarity, suggesting that the general outlook is positive.
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