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Morepen Lab climbed around 80% in the month of Dec

Discussion in 'Technical Analysis' started by ssafdarhussain, Jan 1, 2018.

  1. ssafdarhussain

    ssafdarhussain New Member

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    Share price has been soaring with huge volumes since the USFDA approval to one of their drug molecule. A very low debt company with a diversified portfolio of popular OTC products (like Burnol) as well as prescription drugs.
    Request the experts to provide their view on the investment prospects in this counter.
     
    ssafdarhussain, Jan 1, 2018
    Share #1
  2. abhijitupsc

    abhijitupsc Contributor

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    abhijitupsc, Jan 1, 2018
    Share #2
    shabbir likes this.
  3. shabbir

    shabbir Administrator Staff Member

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    Why anyone would want to get into a pharma stock at 70PE when stocks like Lupin, Glenmark and Divis are available at much lower PE multiple.
     
    shabbir, Jan 1, 2018
    Share #3