Bajaj Healthcare can remain bullish on buy back offerBajaj Healthcare Ltd. is a pharmaceutical company, which engages in the development, manufacturing, and supply of amino acids, nutritional supplements, and active pharmaceutical ingredients, serving various Pharmaceuticals, Nutraceuticals and Food industries globally.
Bajaj Healthcare Ltd CMP is 355. The positive aspects of the company are Company with Zero Promoter Pledge, Mutual Funds Increased Shareholding in Past Month and Increasing Revenue every quarter for the past 2 quarters. The Negative aspects of the company are declining Net Cash Flow : Companies not able to generate net cash.
Entry can be taken after closing above 359. Targets in the stock will be 377. The long-term target in the stock will be 403, 429 and 447. Stop loss in the stock should be maintained at Closing below 312.
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