Solara Active Pharma Sciences is a young, dynamic, entrepreneurial and customer oriented API manufacturing company. The stock has risen more than 80% above its 10-day and 30-day moving averages. Also, the stock has strong strength as per technical parameters.
Its 14-day RSI is at (74.75) and above its previous swing high. ADX (24.06) shows a bullish and strong uptrend. MACD shows a nice crossover and its OBV is also seen positive.
Apart from that it has outperformed its competitor companies in the stock market and earned more profit. The stock has delivered higher returns than its investors expected. Technically the stock is very bullish and expected to trade heavily in short term.
The price per share of the company rose by 8.27% to Rs 469.40 today. It is also predicted that its price will increase from Rs.520 to Rs.640 in the future.
Disclaimer: This above is third party content and TIL hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not guarantee, vouch for or endorse any of the above content or its accuracy nor is responsible for it in any manner whatsoever. The content does not constitute any investment advice or solicitation of any kind. Users are advised to check with certified experts before taking any investment decision and take all steps necessary to ascertain that any information and content provided is correct, updated and verified.