Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE 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

From the Sensex pack, Maruti, M&M, Asian Paints, Bharti Airtel, TCS, Sun Pharma, Wipro, ICICI Bank and Hindustan Unilever were the major gainers.

Sensex, Nifty rebound nearly 1% on gains in auto, IT stocks

Sensex rises 443 points to end day at 52,266; Nifty closes session at 15,575

Sensex rises 208 points to 51,568 and Nifty gains 45 points to 15,339 in early trade.

Share Market Live: Sensex rises 200 pts, Nifty above 15,300; Sun Pharma, Asian Paints top gainers

Jefferies upgraded Sun Pharma to ‘buy’ from ‘underperform’.

Sun Pharma Shares Jump After Jefferies Upgrades Stock To ‘Buy’

Jeffries upgraded the rating to 'buy' for Sun Pharma shares, with a revised target price of Rs 910. According to the brokerage house, the company's growth is expected to be driven by its specialty portfolio and India hereon.

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Jeffries Upgrades The Rating To 'Buy' For Sun Pharma Shares | Bazaar Open Exchange | CNBC-TV18

“At the current juncture, Sun Pharma has given a fresh breakdown below its 200 days exponential moving average on daily charts which points out towards the beginning of a bearish trend for the stock with short term perspective,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

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Stock Radar: Short Sun Pharma for a targe of Rs 730 in next 4-6 weeks, says Shitij Gandhi

Stock Market Today: Sensex Falls Above 1,450 points, Nifty Below 15,850; Key Updates, Stock Market LIVE Updates: Cipla, Sun Pharma, SBI Life Insurance and Power Grid Corporation, Latest Share Market News at news18.com

Stock Market Update: Sensex Falls Above 1,730 points, Nifty Below 15,700; 10 Updates

Option trading indicates the stock may move between ₹800 and ₹900

F&O Strategy: Go long on Sun Pharma

Dr Reddy’s was the biggest gainer, followed by Reliance Industries, Bharti Airtel, Tech Mahindra, Sun Pharma, and Kotak Mahindra Bank.

Sensex jumps over 425 points; Nifty nears 16,500

CLOSING BELL: Dr Reddy’s Labs, Reliance Industries, Bharti Airtel, Sun Pharma, Tech M, and Infosys were the top large-cap gainers

Sensex snaps 4-day losing run, rises 428 pts; Nifty holds 16,450; RIL up 3%

Stocks to watch today: Shares of firms like Adani Transmission, NTPC, Vedanta, Sun Pharma, and others will be in focus in Thursday’s trade

Stocks to Watch Today: Adani Enterprises, Metropolis Healthcare, TCS, NMDC, and Others

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

ROE 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 long term average ROE 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

Sensex, Nifty rebound nearly 1% on gains in auto, IT stocks

Sensex rises 443 points to end day at 52,266; Nifty closes session at 15,575

Share Market Live: Sensex rises 200 pts, Nifty above 15,300; Sun Pharma, Asian Paints top gainers

Sun Pharma Shares Jump After Jefferies Upgrades Stock To ‘Buy’

News Video

Jeffries Upgrades The Rating To 'Buy' For Sun Pharma Shares | Bazaar Open Exchange | CNBC-TV18

News Video

Stock Radar: Short Sun Pharma for a targe of Rs 730 in next 4-6 weeks, says Shitij Gandhi

Stock Market Update: Sensex Falls Above 1,730 points, Nifty Below 15,700; 10 Updates

F&O Strategy: Go long on Sun Pharma

Sensex jumps over 425 points; Nifty nears 16,500

Sensex snaps 4-day losing run, rises 428 pts; Nifty holds 16,450; RIL up 3%

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

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE 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

Sensex, Nifty rebound nearly 1% on gains in auto, IT stocks

Sensex rises 443 points to end day at 52,266; Nifty closes session at 15,575

Share Market Live: Sensex rises 200 pts, Nifty above 15,300; Sun Pharma, Asian Paints top gainers

Sun Pharma Shares Jump After Jefferies Upgrades Stock To ‘Buy’

News Video

Jeffries Upgrades The Rating To 'Buy' For Sun Pharma Shares | Bazaar Open Exchange | CNBC-TV18

News Video

Stock Radar: Short Sun Pharma for a targe of Rs 730 in next 4-6 weeks, says Shitij Gandhi

Stock Market Update: Sensex Falls Above 1,730 points, Nifty Below 15,700; 10 Updates

F&O Strategy: Go long on Sun Pharma

Sensex jumps over 425 points; Nifty nears 16,500

Sensex snaps 4-day losing run, rises 428 pts; Nifty holds 16,450; RIL up 3%

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

ROE 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 long term average ROE 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