NATCO Pharma Limited
לונג
מעודכן

NATCOPHARM - CUP AND HANDLE FORMATION (BO FROM SUPPLY ZONE)

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Hi All,

This idea is about Natco Pharma

Fundamentals

Market Cap - 21712 Cr
Stock PE - 15
ROE - 25.9%
ROCE - 30%
Promoter Holding - 49.7
Quick Ratio - 3.42
D/E - 0.06

NATCO Pharma Limited (NATCO) is a vertically integrated, research and development focused pharmaceutical company engaged in developing, manufacturing, and marketing complex products for niche therapeutic areas.

Technicals

Since May 21, NATCO has formed a complete CUP and HANDLE formation on weekly chart and has now sustained the breakout for over 2 weeks. The earlier supply zone is now acting as demand zone indicating positive price action.

This is for mid/long term investors only

Hope you enjoy the idea,

Happy Trading,

Thanks,
Stock-n-Shine
עסקה פעילה
Gaining momentum after touching 10 SMA
עסקה פעילה
3% up today, short term target is 1300

Looking at its valuation, wouldn't be surprised if it reaches 1500 levels as well
עסקה פעילה
THIS HAS NOW BECOME A LONG TERM PICK BECAUSE OF FOLLOWING

#NATCOPHARM (PE 15)

WONDER DRUG - gRevLimid (anti-cancer)

Natco's export formltions mk up 81% of its total rev. This segment grew 35% in Q4FY24, mainly due to its anti-cancer drug gRevlimid

Q1FY25 estimates

Revenue - 1608 Cr QoQ 50.6% YoY 41.1%
Net Profit - 753Cr QoQ 95% YoY 79.2%

With such valuations (PE 15) & moat it is poised for a good growth over several qtrs
עסקה פעילה
Great Stock, but learnt VP operations has resigned

This might bring in some volatility in the stock

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