Indoco Remedies Ltd |A Sector Rotation (Pharmaceutical)

Indoco Remedies Ltd |A Sector Rotation (Pharmaceutical)

Indoco Remedies (Indoco) is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research.
Market Cap = ₹ 3,758 Cr. Dividend Yield=0.55 % ROCE=17.4 %
ROE =14.8 % Debt to equity = 0.46 Promoter holding = 58.7 %
Quick ratio = 1.13 Current ratio = 1.76 Piotroski score = 5.00
Profit Var 3Yrs = 80.6 % Sales growth 3Years = 14.7 %
Pledged percentage = 0.00 % Return on assets = 9.11 %

Indoco Remedies Limited
is now in momentum zone
I just analyses chart and as per my view I shared my entry exit and tgt
please do your research before investing.
if you like my idea than like and boost and follow me for more ideas.

thanks.