Indian markets closed in the green for the fourth consecutive day in a row on Wednesday tracking positive global cues.The S&P BSE Sensex rose nearly 300 points while the Nifty50 closed above 24,950 levels. Market Summary

Technical Breakout Stocks: How to trade Torrent Power, Suven Pharma and Granules India on Thursday - Market Summary

The newly formed company is said to focus on three main verticals - Pharma CDMO, Agrochemicals CDMO, and API manufacturing

Stock exchanges approve Cohance-Suven Pharma merger; NCLT application filed

Whirlpool of India Ltd, Suven Pharmaceuticals Ltd, India Cements Ltd and Texmaco Rail & Engineering Ltd are among the other gainers in the BSE’s ‘A’ group today, 27 June 2024.

L G Balakrishnan & Bros Ltd leads gainers in ‘A’ group

Rajesh Bhosale, Equity Technical Analyst at Angel One, expects the Nifty to move in the this 23,200 - 23,600 range this week.

Suven Pharma Max Health can rally up to 9 Angel One

Suven Pharmaceuticals jumped 4.59% to Rs 697.85 after the company the signing of definitive agreements for acquiring 100% of equity shares of Sapala Organics.

Suven Pharma soars after signing deal to acquire oligo drugs maker Sapala Organics

Suven Pharmaceuticals announced the acquisition of Hyderabad-based CDMO firm Sapala Organics on Thursday during post-market hours

Suven Pharmaceuticals Share Price Rises 6% On CDMO Firm Sapala Organics Acquisition - News18

Suven Pharma: The surge came after Suven Pharmaceuticals said that it has entered into a definitive agreement to acquire a controlling stake of Sapala Organic for Rs 229.5 crore, in an all cash deal

Suven Pharma stock rises 6 on nod to acquire Sapala Organics for Rs 230 cr

Stocks to Watch today, Friday, June 14: Ambuja Cements will acquire Hyderabad-based Penna Cement Industries Ltd (PCIL) at an enterprise value of Rs 10,422 crore: Buzzing Stocks Today

Top buzzing stocks June 14 Ambuja Defence Suven Pharma Zaggle Nalco

Suven Pharmaceuticals on Thursday said it will acquire 67.5 per cent stake in Hyderabad-based Sapala Organics for Rs 229.5 crore.

Suven Pharma to acquire 67.5% stake in Sapala Organics for Rs 229.5 cr

Stocks to watch: Shares of firms like Paytm, Tata Group, Airtel, Vedanta, Suven Pharma, ONGC, and others will be in focus on Friday’s trade.

Stocks to Watch: Paytm, Tata Group, Airtel, Vedanta, Suven Pharma, ONGC, and Others - News18

Here are the stocks to watch before going into trade today.

Stocks To Watch: Adani Group, Paytm, Vedanta, Biocon, Dilip Buildcon, Auto Companies, Suven Pharma

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

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

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Suven Pharmaceuticals is engaged in  Contract Research and Manufacturing Services (CRAMS), Drug Discovery & Development Support Services (DDDSS), Drug Discovery & Research/Clinical Pipeline, and Formulation Development