New Delhi, April 8 -- Buy: SANOFI (current price: Rs.5,972.35)
Why it's recommended: Positive traction has been seen in select pharma stocks in the past few weeks. The rise in the positive Directional Index clearly indicates the trends could persist for the next few days.
Key metrics: P/E: 44, 52-week high: Rs.10,525, volume: 15.66k
Technical analysis: Support at Rs.5,540, resistance at Rs.6,500
Risk factors: Dependence on global supply chains for raw materials and manufacturing can pose risks during disruptions
Buy at: Rs.5,980 and dips to Rs.5,850
Target price: Rs.6,500-6,750 in three months
Stop loss: Rs.5,800
Buy: AsterDM (current price: Rs.475.80)
Why it's recommended: After a disappointing 2025, prices were seen reviving fr...
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