Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Bajaj Finance was the top gainer in the Sensex pack, rising around 4 per cent, followed by Maruti, SBI, Bajaj Finserv, Sun Pharma and Asian Paints.

Markets rally to end day; Sensex settles at 58,650, Nifty closes at 17,470

Adani Ports, HDFC, Power Grid Corp, Tata Steel and Sun Pharma were among the major Nifty gainers. The losers included ICICI Bank, Cipla and Axis Bank

Taking Stock | Market Gains For Second Day; Sensex Surges 777 Points; Nifty Reclaims 17,400

Traders can continue with a stock-specific approach and we may see trades on both sides if the Nifty remains in a consolidation mode.

Hot Stocks | Here’s Why You Should Buy ONGC And Sell Sun Pharma For Short Term

Biomodifying will also receive a percentage of payments received for sublicenses of the licensed IP

Sun Pharma Advanced Research Co signs licensing pact with Biomodifying

Sun Pharma Advanced would now have the right to license Biomodifying’s intellectual property, including all its patents and patent application along with antibodies, including that for cancer ailment.

Sun Pharma Advanced Research Enters Licensing Agreement With Biomodifying For Oncology Antibodies

The Sensex ended 776.5 points or 1.35% up at 58,461.29 and the Nifty ended 234.75 points or 1.37% up at 17,401.65. HDFC contributed the most to the index gains, rising nearly 4%. Power Grid Corp. of India, Tata Steel, Sun Pharmaceutical Industries, Tech Mahindra and HCL Technologies gained 2.5-3.7%.

Indices report biggest single-day gain in a month

HDFC emerged as the top performer on the Sensex followed by PowerGrid, Sun Pharma, Tata Steel, Tech Mahindra, HCL Tech and Bajaj Auto.

Sensex Ends 777 Points Higher. HDFC, PowerGrid Among Top Gainers

Sensex rose 529 points to 58,214 and Nifty was trading 146 points higher at 17,313.

Sensex rises over 500 points, Nifty crosses 17,300; HDFC, PowerGrid, Sun Pharma top gainers

HDFC was the top gainer in the Sensex pack, climbing nearly 4 per cent, followed by PowerGrid, Sun Pharma, Tata Steel, Tech Mahindra and Bajaj Finserv.

Sensex leaps 777 pts to close in green at 58,461; Nifty ends session at 17,404

Consumer Durables outperformed, while substantial gains were added by oil & gas, auto, IT and pharma stocks.

Markets trade positive; Sensex clocks over 58k, Nifty 50 races toward 17,300; Consumer Durables outperform; Titan, M&M, HDFC, Sun Pharma rally

M&M was the top gainer rising 2.38 per cent. HDFC, PowerGrid, Titan, Sun Pharma, Maruti, HCL Tech and Reliance Industries were among the other gainers.

Sensex gains over 400 points; Nifty tops 17,250

Sun Pharmaceutical Industries Limited is a pharmaceuticals company which offers generics, branded generics, specialty products, over-the-counter products, anti-retroviral and APIs.

Sun Pharmaceutical Industries Ltd

Sun Pharmaceutical Industries Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Markets rally to end day; Sensex settles at 58,650, Nifty closes at 17,470

Taking Stock | Market Gains For Second Day; Sensex Surges 777 Points; Nifty Reclaims 17,400

Hot Stocks | Here’s Why You Should Buy ONGC And Sell Sun Pharma For Short Term

Sun Pharma Advanced Research Co signs licensing pact with Biomodifying

Sun Pharma Advanced Research Enters Licensing Agreement With Biomodifying For Oncology Antibodies

Indices report biggest single-day gain in a month

Sensex Ends 777 Points Higher. HDFC, PowerGrid Among Top Gainers

Sensex rises over 500 points, Nifty crosses 17,300; HDFC, PowerGrid, Sun Pharma top gainers

Sensex leaps 777 pts to close in green at 58,461; Nifty ends session at 17,404

Markets trade positive; Sensex clocks over 58k, Nifty 50 races toward 17,300; Consumer Durables outperform; Titan, M&M, HDFC, Sun Pharma rally

Sun Pharmaceutical Industries Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Markets rally to end day; Sensex settles at 58,650, Nifty closes at 17,470

Taking Stock | Market Gains For Second Day; Sensex Surges 777 Points; Nifty Reclaims 17,400

Hot Stocks | Here’s Why You Should Buy ONGC And Sell Sun Pharma For Short Term

Sun Pharma Advanced Research Co signs licensing pact with Biomodifying

Sun Pharma Advanced Research Enters Licensing Agreement With Biomodifying For Oncology Antibodies

Indices report biggest single-day gain in a month

Sensex Ends 777 Points Higher. HDFC, PowerGrid Among Top Gainers

Sensex rises over 500 points, Nifty crosses 17,300; HDFC, PowerGrid, Sun Pharma top gainers

Sensex leaps 777 pts to close in green at 58,461; Nifty ends session at 17,404

Markets trade positive; Sensex clocks over 58k, Nifty 50 races toward 17,300; Consumer Durables outperform; Titan, M&M, HDFC, Sun Pharma rally

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock