Thursday, December 3, 2020

SUVEN | CMP : 57 | Stock to Buy | Price Outlook

 

Suven Life Sciences Ltd.

Stock/Share Price: 57.90


➽ In this article we will discuss recent development in the StockShare of SUVEN in the Stock MarketSuven Life Sciences is engaged in clinical-stage biopharmaceutical company focused on the acquisition, development and commercialization of novel therapeutics for the treatment of neurodegenerative disorders.


Key  Summary

Company with Low Debt

Company with Zero Promoter Pledge

Stock gained more than 20% in one month

Strong Momentum: Price above short, medium and long term moving averages



Technical Chart & Price Outlook



SUVEN  stock has given a strong breakout with good volume and price momentum.
So long position can be made for the upside lel of 84 / 104 shortly.
This is a pure technical call not for a long term stock. We should exit from the stock when the targets are achieved.




Recent Valuation Summary

Valuations are not comfortable.


Recent Financial Summary


Sales increased but profit decreased



Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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