DiviS Laboratories Ltd specializes in manufacturing Active Pharmaceutical Ingredients (APIs) and intermediates. In a short span, the company has significantly expanded its operations, offering comprehensive turnkey solutions to the Indian pharmaceutical industry. They are dedicated to developing alternative, patent-non-infringing processes for APIs, assisting inventors in managing late life cycles, and supporting leading generic drug manufacturers. Their product range includes Bupropion HBr, Bupropion HCl, Capecitabine, Carbidopa, Desloratadine, Dexlansoprazole/(R)-Lansoprazole, Irbesartan, Levodopa, Niacin, Sibutramine HCl, Valacyclovir HCl, Valsartan, Venlafaxine HCl, Verapamil HCl, Vigabatrin, and Zolpidem Tartrate, among others.
Previous Close
4,113.0
TTM EPS
52.10
52 Week High
4,175.0
TTM PE
79.12
52 Week Low
3,051.0
P/B
9.33
Sector PE
45.83
Mkt Cap (Rs. Cr.)
1,09,436
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
DIVISLAB gave a technical “Symmetrical Triangle” pattern break-out on the higher-end and prices sustained above the breakout levels on the weekly chart.
The counter on the daily chart has also witnessed a breakout of a bullish cup and handle pattern with above-average volumes.
The counter is trading above its 21, 50, and 100 Exponential moving averages on the weekly chart confirming its overall performance.
The momentum oscillator RSI (14) has formed a double bottom pattern at 45 levels and moved higher above 60 levels with a bullish crossover on the weekly scale. The MACD indicator is reading above its line of polarity on the weekly scale.
APL Apollo Tubes Ltd is a leading manufacturer of steel pipes and tubes. Their product portfolio includes MS Black Pipes, Galvanized Tubes, Pre-Galvanized Tubes, and Hollow Sections, which are utilized in various structural applications such as household structures, solar plants, agricultural structures, engineering, and greenhouses. The company operates in a single segment focused on the production of ERW steel tubes and serves the Indian market exclusively.
Previous Close
1,697.1
TTM EPS
26.39
52 Week High
1,800.0
TTM PE
64.20
52 Week Low
1,047.0
P/B
22.42
Sector PE
30.9
Mkt Cap (Rs. Cr.)
47,019
(Source: Moneycontrol, BSE, Fisdom Research)
Technical Outlook
(Source: Fisdom research)
APLAPOLLO gave a technical “Ascending Triangle” pattern break-out on the higher-end and prices sustained above the breakout levels on the weekly chart.
The counter on the daily chart has also witnessed a breakout of a horizontal trend line with above-average volumes.
The counter is trading above its 21, 50, and 100 Exponential moving averages on the weekly chart confirming its overall performance.
The momentum oscillator RSI (14) has given a horizontal trend line breakout above 60 levels with a bullish crossover on the weekly scale. The MACD indicator is reading above its line of polarity on the weekly scale.
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