Watch out for this Mid Cap Pharma stock

DSIJ Intelligence / 28 Sep 2016

 Watch out for this Mid Cap Pharma stock

Bal Pharma is buzzing on bourses with the stock touching Rs  112.5 marking its intraday high in Wednesday's trading session.

Bal Pharma is buzzing on bourses with the stock touching Rs  112.5 marking its intraday high in Wednesday's trading session.

The stock trading at Rs 109.35 , up by almost 5.14 per cent has given a price volume breakout in the trading session of Wednesday.The stock is already trading above its 200 days simple daily moving average.The 52 week high for the stock is Rs 167.90.Over a one year period the stock is up by almost 60 per cent. In one month the stock has gained by almost 23 per cent.

Bal Pharma is a leading Indian Pharmaceutical Company specialising in Prescription drugs, Generic, OTC Products, Intravenous infusion and Bulk Actives with 23 years of experience.

Bal Pharma’s API and FDF are produced at world class manufacturing facilities. APIs are largely exported to Europe, Far East, Latin America, Africa, Middle East and other world markets. 

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