#divis labs

Divis Laboratories’ journey, highlighting its history, product portfolio, milestones, and financial landscape. Founded in 1990, the company focuses on API and nutraceutical manufacturing, boasting a global presence and a diverse clientele. Despite its achievements, recent financial indicators reveal declines in sales and earnings, urging caution for potential investors in 2023. Led by Divi Murali, the company’s promoters include Nilima Motaparti and others. While long-term growth prospects remain promising, careful research is advised due to recent negative trends in financial performance and market indicators.

Market LIVE: Indian equities seen firm; Asian shares rise

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Photo: Reuters 1 min read . Updated: 21 Aug 2020, 08:21 AM IST

Devansh Sharma

Asian equities rose in the early trade on Friday after a tech-driven rally on Wall Street in which the Nasdaq hit a record high despite downbeat data that affirmed the Fed’s dour outlook on US economic recovery

Welcome to the Mint live blog. Track this space for the latest stock market updates.

21 Aug…

Godrej Consumer has gotten energy with a nice improvement in the volume to show a positive inclination and suggest further quality and potential to rise further in the coming days

MARKET NEWS: Purchase DIVIS LAB | CMP: Rs 1,838.35 | TARGET: Rs 2,000 | STOP LOSS: Rs 1,780 

The stock has been in an inclining model, gradually and step by step rising to improve the inclination. Additionally, it has demonstrated a pattern inversion to infer quality and potential for additional upward development in the coming days. 

The graph design looks appealing and we recommend to purchase and amass this stock for an upside focus of Rs 2,000 keeping the stop misfortune close to Rs 1,780. 

Purchase GODREJ CONSUMER | CMP: Rs 697.40 | TARGET: Rs 760 | STOP LOSS: 

Rs 668 The stock has been in solidification for a long while, keeping up a solid help base close to 675 levels and as of now has gotten energy with a nice improvement in the volume cooperation to show a positive predisposition and infer further quality and potential to rise further in the coming days. 

The RSI has additionally gone up to improve the inclination and is on the ascent to connote quality. We propose to purchase and gather this stock for an upside focus of Rs 760 keeping the stop misfortune close to Rs 668.